Home » Reports » Broker Ratings » Inchcape plc 8.5% Potential Decrease Indicated by JP Morgan Cazenove

Inchcape plc 8.5% Potential Decrease Indicated by JP Morgan Cazenove

Inchcape plc using EPIC/TICKER code (LON:INCH) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ 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 590 GBX on its stock. This is indicating the analyst believes there is a potential downside of -8.5% from the opening price of 644.5 GBX. Over the last 30 and 90 trading days the company share price has increased 38.5 points and increased 62 points respectively. The 52 week high for the share price is currently at 681 GBX while the year low share price is currently 516 GBX.

Inchcape plc has a 50 day moving average of 637.93 GBX and the 200 Day Moving Average price is recorded at 610.01. There are currently 401,493,934 shares in issue with the average daily volume traded being 1,193,741. Market capitalisation for LON:INCH is £2,557,516,359 GBP.