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An announcement from Inchcape ( (GB:INCH) ) is now available.
Inchcape plc has executed a share buyback program, purchasing 123,703 ordinary shares at an average price of 718.19 pence per share. This move is part of a broader buyback initiative announced earlier in March 2025, aimed at reducing the total number of shares in circulation to 365,489,643, potentially increasing shareholder value.
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, providing distribution and retail services for vehicles. The company focuses on delivering automotive solutions across various markets, enhancing its market presence through strategic initiatives.
Average Trading Volume: 760,267
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.59B
Learn more about INCH stock on TipRanks’ Stock Analysis page.