Inchcape plc (OTCMKTS:IHCPF – Get Free Report)’s share price was up 2.3% during trading on Thursday . The company traded as high as C$10.20 and last traded at C$10.20. Approximately 2,580 shares traded hands during trading, a decline of 66% from the average daily volume of 7,525 shares. The stock had previously closed at C$9.97.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on IHCPF shares. UBS Group assumed coverage on Inchcape in a report on Thursday, September 18th. They set a “buy” rating for the company. Citigroup reiterated a “buy” rating on shares of Inchcape in a research report on Monday, October 20th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on Inchcape
Inchcape Stock Performance
Inchcape Company Profile
Inchcape plc operates as an automotive distributor and retailer. It engages in the distribution, sales, and marketing of new and used cars, and parts. The company also provides aftersales service and body shop repairs; and finance and insurance products and services, as well as product planning, logistics, brand and marketing, channel management, and retail services.
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