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An update from Inchcape ( (GB:INCH) ) is now available.
Inchcape plc has executed a share buyback transaction, purchasing 105,541 ordinary shares at an average price of 770.87 pence per share. This move is part of a broader buyback program initiated in March 2025, aimed at reducing the number of shares in circulation, which now totals 364,062,982. The buyback is expected to enhance shareholder value by decreasing share supply and potentially increasing earnings per share.
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 distribution and retail industry, providing vehicle sales, distribution, and aftersales services. The company focuses on delivering a wide range of automotive products and services to customers across various markets.
Average Trading Volume: 768,096
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.78B
For a thorough assessment of INCH stock, go to TipRanks’ Stock Analysis page.