Deutsche Bank AG reissued their buy rating on shares of Inchcape plc (LON:INCH) in a research report report published on Tuesday morning. Deutsche Bank AG currently has a GBX 835 ($10.33) price target on the stock.
A number of other research analysts have also commented on INCH. HSBC reaffirmed a buy rating and set a GBX 920 ($11.39) price objective on shares of Inchcape plc in a research report on Wednesday, June 22nd. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 900 ($11.14) price objective on shares of Inchcape plc in a research report on Thursday, June 23rd. BNP Paribas reaffirmed an outperform rating and set a GBX 710 ($8.79) price objective on shares of Inchcape plc in a research report on Monday, June 27th. Berenberg Bank raised shares of Inchcape plc to a buy rating and upped their price objective for the company from GBX 735 ($9.10) to GBX 760 ($9.41) in a research report on Friday, July 8th. Finally, Liberum Capital reaffirmed a hold rating and set a GBX 680 ($8.42) price objective on shares of Inchcape plc in a research report on Thursday, July 28th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 790.56 ($9.78).
Shares of Inchcape plc (LON:INCH) traded down 0.22% during mid-day trading on Tuesday, hitting GBX 683.50. The stock had a trading volume of 307,184 shares. The stock has a 50-day moving average price of GBX 684.78 and a 200 day moving average price of GBX 684.67. Inchcape plc has a 52 week low of GBX 574.00 and a 52 week high of GBX 823.00. The stock’s market cap is GBX 2.94 billion.
In other Inchcape plc news, insider Stein,Nigel purchased 233 shares of Inchcape plc stock in a transaction on Monday, August 1st. The shares were acquired at an average cost of GBX 674 ($8.34) per share, for a total transaction of £1,570.42 ($1,943.59).