Inchcape plc 13.5% potential upside indicated by Peel Hunt Limited

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Inchcape plc with ticker (LON:INCH) now has a potential upside of 13.5% according to Peel Hunt Limited.

Peel Hunt Limited set a target price of 1,000 GBX for the company, which when compared to the Inchcape plc share price of 866 GBX at opening today (25/11/2021) indicates a potential upside of 13.5%. Trading has ranged between 585 (52 week low) and 941 (52 week high) with an average of 602,845 shares exchanging hands daily. The market capitalisation at the time of writing is £3,267,869,760.

Inchcape plc is a United Kingdom-based automotive distributor and retailer. The Company operates in approximately 32 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. The Retail segment includes regions, such as Australasia, the United Kingdom and Europe, and Emerging Markets. The Company maintains relationships with a range of retail techniques, including tailored social media campaigns, strategies, Web responses and opportunities. Its Distribution segment is engaged in distribution of new vehicles and parts in Australia, New Zealand, European markets, Asian markets and growing markets. The Retail segment is engaged in sale of new and used vehicles in Australia, mature markets and growing markets together with associated aftersales activities of service, body shop repairs and parts sales.

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