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The latest update is out from Inchcape ( (GB:INCH) ).
Inchcape plc announced the purchase of 81,559 ordinary shares as part of its ongoing share buyback program initiated in March 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 364,478,024, which reflects its commitment to returning value to shareholders.
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 services such as vehicle sales, distribution, and aftersales services. The company focuses on enhancing its market presence through strategic initiatives, including share buyback programs.
Average Trading Volume: 796,820
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.8B
See more data about INCH stock on TipRanks’ Stock Analysis page.