Inchcape plc 41.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Inchcape plc using EPIC/TICKER code (LON:INCH) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Inchcape plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 803 GBX on its stock. This now indicates the analyst believes there is a possible upside of 41.4% from the opening price of 568 GBX. Over the last 30 and 90 trading days the company share price has decreased 18 points and decreased 23.5 points respectively. The 1 year high for the share price is 826 GBX while the 52 week low for the share price is 482.2 GBX.

Inchcape plc has a 50 day moving average of 586.76 GBX and a 200 Day Moving Average share price is recorded at 653.26. There are currently 415,127,453 shares in issue with the average daily volume traded being 701,964. Market capitalisation for LON:INCH is £2,389,058,492 GBP.

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