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The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc announced a correction to a previous disclosure regarding share transactions involving its Group Chief Financial Officer, Adrian Lewis, and a person closely associated with him, Katy Lewis. The transactions were market purchases of ordinary shares on the London Stock Exchange, with a total volume of 2,814 shares purchased by Adrian Lewis and 1,404 shares by Katy Lewis. This announcement highlights the transparency and compliance of Inchcape plc in its financial disclosures, ensuring stakeholders are accurately informed about managerial shareholdings.
The most recent analyst rating on (GB:INCH) stock is a Buy with a £735.00 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 ongoing share buyback program further supports shareholder value. However, technical indicators suggest caution due to bearish trends, which slightly offsets the positive outlook.
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 related to the sale and distribution of vehicles. The company focuses on connecting global automotive brands with customers, leveraging its extensive network and expertise in the automotive sector.
Average Trading Volume: 792,720
Technical Sentiment Signal: Sell
Current Market Cap: £2.48B
Learn more about INCH stock on TipRanks’ Stock Analysis page.