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The latest announcement is out from Inchcape ( (GB:INCH) ).
Inchcape plc, a company involved in the automotive distribution and retail industry, has announced a share buyback transaction where it purchased 129,531 of its ordinary shares at an average price of 700.44 pence per share. This purchase is part of a larger buyback program initiated earlier in March 2025. The company plans to cancel the purchased shares, reducing the total number of shares in issue to 366,116,247. Since the start of the buyback program, Inchcape has acquired a total of 27,778,772 shares, reflecting a significant investment in its own equity.
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
Average Trading Volume: 719,218
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.57B
See more data about INCH stock on TipRanks’ Stock Analysis page.