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An update from Inchcape ( (GB:INCH) ) is now available.
Inchcape plc has announced the purchase of 119,954 of its ordinary shares as part of its ongoing share buyback programme. The company plans to cancel these shares, reducing its total number of shares in issue to 365,369,689. Since the start of the buyback programme in March 2025, Inchcape has repurchased over 28 million shares, indicating a significant investment in reducing share capital, which may impact shareholder value and market perception.
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
Inchcape plc operates in the automotive distribution and retail industry, focusing on the sale and distribution of vehicles and related services across various markets.
Average Trading Volume: 743,906
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.64B
For an in-depth examination of INCH stock, go to TipRanks’ Overview page.