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Inchcape ( (GB:INCH) ) has shared an announcement.
Inchcape PLC has executed a share buyback transaction, purchasing 139,262 ordinary shares at an average price of 677.91 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, thereby potentially increasing shareholder value.
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 sector, providing services related to the sale and distribution of vehicles. The company focuses on enhancing its market position through strategic initiatives such as share buyback programs.
Average Trading Volume: 765,413
Technical Sentiment Signal: Hold
Current Market Cap: £2.5B
Find detailed analytics on INCH stock on TipRanks’ Stock Analysis page.