Inchcape (LON:INCH) had its target price trimmed by Deutsche Bank from GBX 925 ($12.45) to GBX 910 ($12.25) in a report published on Friday morning. The brokerage currently has a buy rating on the stock.

Separately, J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 920 ($12.38) price target on shares of Inchcape in a research report on Friday, October 27th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 875.89 ($11.79).

Shares of Inchcape (LON:INCH) opened at GBX 756 ($10.17) on Friday. Inchcape has a 1 year low of GBX 620.50 ($8.35) and a 1 year high of GBX 885 ($11.91).

In other Inchcape news, insider Till Vestring purchased 353 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were acquired at an average cost of GBX 785 ($10.57) per share, for a total transaction of £2,771.05 ($3,729.54).

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Inchcape 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.

Analyst Recommendations for Inchcape (LON:INCH)

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