Till Vestring Buys 353 Shares of Inchcape plc (INCH) Stock
Inchcape plc (LON:INCH) insider Till Vestring purchased 353 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were purchased at an average cost of GBX 785 ($10.36) per share, for a total transaction of £2,771.05 ($3,656.70).
Several research firms have commented on INCH. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 935 ($12.34) price objective on shares of Inchcape plc in a report on Tuesday, October 10th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 920 ($12.14) price objective on shares of Inchcape plc in a report on Friday, October 27th. Finally, HSBC Holdings plc reiterated a “buy” rating and issued a GBX 1,030 ($13.59) price objective on shares of Inchcape plc in a report on Friday, July 21st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 878.67 ($11.59).
About Inchcape plc
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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