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Inchcape plc 9.6% Potential Upside Indicated by HSBC

Inchcape plc with EPIC/TICKER (LON:INCH) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Inchcape plc are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 690 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.6% from the opening price of 629.5 GBX. Over the last 30 and 90 trading days the company share price has increased 19 points and increased 49 points respectively. The 52 week high for the stock is 681 GBX while the 52 week low for the share price is 516 GBX.

Inchcape plc has a 50 day moving average of 634.12 GBX and a 200 day moving average of 609.30. There are currently 402,139,346 shares in issue with the average daily volume traded being 1,153,572. Market capitalisation for LON:INCH is £2,533,477,879 GBP.