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Inchcape plc 24.7% Potential Upside Indicated by Deutsche Bank

Inchcape plc using EPIC/TICKER code (LON:INCH) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Inchcape plc are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set their target price at 905 GBX on its stock. This now indicates the analyst believes there is a possible upside of 24.7% from today’s opening price of 726 GBX. Over the last 30 and 90 trading days the company share price has increased 17.5 points and increased 27 points respectively. The 1 year high stock price is 885 GBX while the 52 week low for the stock is 660.5 GBX.

Inchcape plc has a 50 day moving average of 722.06 GBX and the 200 Day Moving Average price is recorded at 763.45. There are currently 415,018,294 shares in issue with the average daily volume traded being 937,092. Market capitalisation for LON:INCH is £3,048,309,369 GBP.