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The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc has executed a share buyback program, purchasing 150,925 of its ordinary shares at an average price of 742.95 pence per share, as part of its ongoing initiative announced earlier in March 2025. This move is set to reduce the total number of shares in circulation to 362,273,152, potentially enhancing shareholder value and reflecting the company’s confidence in its financial health.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £849.00 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 overall stock score is driven by its strong financial performance and attractive valuation. The company’s robust capital management and profitability improvements are significant strengths. While technical indicators show bullish momentum, caution is advised due to potential overbought conditions. The absence of recent earnings call data and corporate events means these factors did not influence the score.
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 and retail of vehicles. The company is known for its global presence and partnerships with leading car manufacturers, providing a range of automotive services and solutions.
Average Trading Volume: 793,941
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.7B
For detailed information about INCH stock, go to TipRanks’ Stock Analysis page.