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Inchcape ( (GB:INCH) ) has shared an update.
Inchcape plc announced the purchase of 135,848 of its ordinary shares as part of its ongoing share buyback programme initiated in March 2025. The company plans to cancel these shares, reducing its total shares in issue to 370,468,439. Since the start of the buyback programme, Inchcape has acquired over 23 million shares, reflecting a strategic move to enhance shareholder value.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £1140.00 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 strong financial performance and attractive valuation metrics, which are offset by bearish technical indicators. The positive impact of the share buyback program and analyst sentiment also contribute positively to the score.
To see Spark’s full report on GB:INCH stock, click here.
More about Inchcape
Inchcape plc operates in the automotive distribution and retail industry, providing services such as vehicle sales, distribution, and aftersales services. The company focuses on delivering a wide range of automotive products and services across various markets globally.
Average Trading Volume: 920,802
Technical Sentiment Signal: Sell
Current Market Cap: £2.45B
See more data about INCH stock on TipRanks’ Stock Analysis page.