# Inchcape plc 53.5% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/inchcape-plc-53.5-potential-upside-indicated-by-berenberg-bank/4121176198
- Published: 2024-11-04T14:05:09+00:00
- Author: Charlotte Edwards

**Inchcape plc** with ticker (LON:INCH) now has a potential upside of 53.5% according
to Berenberg Bank.
INCH.LBerenberg Bank set a target price of 1,120 GBX for the 
company, which when compared to the Inchcape plc share price of 730 GBX at opening
today (04/11/2024) indicates a potential upside of 53.5%. Trading has ranged between
598 (52 week low) and 874 (52 week high) with an average of 817,384 shares exchanging
hands daily. The market capitalisation at the time of writing is £2,961,939,618.
Inchcape plc is a United Kingdom-based independent multi-brand global automotive
distributor. The Company’s segments include Distribution and Retail. The Distribution
segment includes exclusive distribution, sales and marketing activities of new vehicles
and parts, and sale of new and used vehicles together with logistics services where
it may also be the exclusive distributor, alongside associated aftersales activities
of service, body shop repairs and parts sales. The Distribution segment serves APAC,
Europe and Africa, and Americas. Its distribution platform connects the products
of mobility company partners with customers. Retail segment includes the sale of
new and used vehicles, together with associated aftersales activities of service,
body shop repairs and parts sales in Europe. The Retail segment includes Poland 
franchise dealerships and its bravoauto business.

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