Inchcape plc 4.4% Potential Upside Indicated by HSBC

Broker Ratings
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Inchcape plc with EPIC/TICKER (LON:INCH) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Inchcape plc are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 705 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.4% from today’s opening price of 675 GBX. Over the last 30 and 90 trading days the company share price has increased 31.5 points and increased 34.5 points respectively. The 1 year high for the stock price is 711 GBX while the 52 week low for the share price is 517 GBX.

Inchcape plc has a 50 day moving average of 653.88 GBX and the 200 Day Moving Average price is recorded at 618.36. There are currently 399,887,736 shares in issue with the average daily volume traded being 994,905. Market capitalisation for LON:INCH is £2,749,228,185 GBP.

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