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Inchcape ( (GB:INCH) ) just unveiled an update.
Inchcape plc has announced the purchase of 132,789 of its ordinary shares as part of its ongoing share buyback program, which was initially announced in March 2025. The company intends to cancel these shares, reducing its total number of shares in issue to 366,374,753. This move is part of a broader strategy to enhance shareholder value, having already acquired over 27 million shares at a significant cost.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Inchcape stock, see the GB:INCH Stock Forecast page.
Spark’s Take on GB:INCH Stock
According to Spark, TipRanks’ AI Analyst, GB:INCH is a Outperform.
Inchcape’s strong financial performance and attractive valuation are the primary drivers of its stock score. While technical analysis presents mixed signals, the company’s solid financial health and undervaluation relative to earnings provide a compelling investment case. The absence of earnings call and corporate events data does not impact the overall assessment.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Inchcape plc operates in the automotive industry, focusing on the distribution, retail, and services of vehicles. It is a global company with a market focus on providing automotive solutions and services across various regions.
Average Trading Volume: 728,281
Technical Sentiment Signal: Hold
Current Market Cap: £2.49B
See more data about INCH stock on TipRanks’ Stock Analysis page.