Inchcape plc (INCH) Receives “Overweight” Rating from J P Morgan Chase & Co
J P Morgan Chase & Co reissued their overweight rating on shares of Inchcape plc (LON:INCH) in a research note published on Friday morning. J P Morgan Chase & Co currently has a GBX 920 ($12.14) price target on the stock.
INCH has been the topic of several other reports. HSBC Holdings plc reissued a buy rating and set a GBX 1,030 ($13.59) target price on shares of Inchcape plc in a report on Friday, June 30th. Deutsche Bank AG reissued a buy rating and set a GBX 935 ($12.34) target price on shares of Inchcape plc in a report on Tuesday, October 10th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Inchcape plc has an average rating of Buy and an average target price of GBX 878.67 ($11.59).
Inchcape plc (INCH) opened at 775.00 on Friday. The firm’s 50 day moving average price is GBX 833.58 and its 200-day moving average price is GBX 821.53. Inchcape plc has a one year low of GBX 587.00 and a one year high of GBX 885.00. The company’s market capitalization is GBX 3.24 billion.
Inchcape plc Company Profile
Inchcape plc is a United Kingdom-based automotive distributor and retailer. The Company operates in approximately 30 markets. The Company’s segments include Distribution, Retail and Central. The Distribution segment includes regions, such as Australasia, the United Kingdom and Europe, Asia, and Emerging Markets.
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