Analyst Activity – Berenberg Bank Raises Its Price Target On Inchcape plc (LON:INCH) to GBX 860

Analyst Ratings For Inchcape plc (LON:INCH)

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Today, Berenberg Bank raised its price target on Inchcape plc (LON:INCH) to GBX 860 per share.

There are 4 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Inchcape plc (LON:INCH) is Buy (Score: 2.60) with a consensus target price of GBX 800.50 per share, a potential .

Some recent analyst ratings include

  • 3/2/2017-JPMorgan Chase & Co. Reiterated Rating of Overweight.
  • 2/6/2017-Deutsche Bank AG Reiterated Rating of Buy.
  • 12/23/2016-Numis Securities Ltd Reiterated Rating of Hold.

    About Inchcape plc (LON:INCH)
    Inchcape plc is a United Kingdom-based automotive distributor and retailer. The Company operates in approximately 26 markets. The Company operates in six geographic segments: Australasia, Europe, North Asia, South Asia, the United Kingdom and Emerging Markets. The Company’s operating businesses are categorized into approximately two market channels, such as distribution and retail. The Company maintains relationships with a range of retail techniques, including tailored social media campaigns, strategies, Web responses and opportunities. The Company operates as a retailer and provides brand representation through its retail facilities, and is also engaged in vehicle servicing and repair. The Company specifies the models, variants and volumes supplied to each market where it operates as a distributor and manages import and logistics. It also appoints, manages and trains franchised dealership networks and provides vehicles and parts in wholesale.

    Recent Trading Activity for Inchcape plc (LON:INCH)
    Shares of Inchcape plc closed the previous trading session at 784.69 up +5.69 0.73% with 1,005,143 shares trading hands.

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