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Inchcape ( (GB:INCH) ) just unveiled an update.
Inchcape plc announced the purchase of 128,975 of its ordinary shares as part of its ongoing share buyback program, initiated in March 2025. The shares were bought at a volume-weighted average price of 700.48 pence per share and will be canceled, reducing the total number of shares in issue to 366,245,778. This move is part of a broader strategy to enhance shareholder value, having already acquired over 27 million shares at a cost of approximately £188 million.
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 is a company operating within the automotive distribution and retail industry. It primarily focuses on the sale and distribution of vehicles and associated services across various markets.
Average Trading Volume: 727,163
Technical Sentiment Signal: Buy
Current Market Cap: £2.54B
For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.