Inchcape (LON:INCH) Insider Adrian Lewis Acquires 1,404 Shares

Key Points

• Insider Adrian Lewis purchased 1,404 shares of Inchcape plc for a total of £9,336.60 at an average price of GBX 665 per share on September 9th.
• Inchcape's current market capitalization is £2.44 billion, with a P/E ratio of 630.95 and a one year stock performance range of GBX 575 to GBX 849.50.
• Analysts have mixed ratings for Inchcape, with a consensus rating of "Moderate Buy" and an average target price of GBX 1,007, reflecting potential growth opportunities.

Inchcape plc (LON:INCH - Get Free Report) insider Adrian Lewis purchased 1,404 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were acquired at an average cost of GBX 665 per share, for a total transaction of £9,336.60.

Adrian Lewis also recently made the following trade(s):

• On Tuesday, September 9th, Adrian Lewis purchased 2,814 shares of Inchcape stock. The shares were acquired at an average cost of GBX 665 per share, for a total transaction of £18,713.10.
• On Tuesday, August 5th, Adrian Lewis sold 24,883 shares of Inchcape stock. The stock was sold at an average price of GBX 666, for a total transaction of £165,720.78.
• On Monday, June 16th, Adrian Lewis acquired 150 shares of Inchcape stock. The shares were purchased at an average price of GBX 684 per share, for a total transaction of £1,026.

Inchcape Price Performance

Inchcape stock traded down GBX 8.50 during trading hours on Friday, reaching GBX 655. 380,330 shares of the stock were exchanged, compared to its average volume of 1,386,326. The company has a market cap of £2.41 billion, a P/E ratio of 623.81, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The company has a current ratio of 1.10, a quick ratio of 0.51 and a debt-to-equity ratio of 206.10. Inchcape plc has a twelve month low of GBX 575 and a twelve month high of GBX 849.50. The stock has a 50 day moving average of GBX 706.32 and a two-hundred day moving average of GBX 696.19.

Inchcape (LON:INCH - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported GBX 35.50 earnings per share (EPS) for the quarter. Inchcape had a net margin of 2.45% and a return on equity of 17.60%. Equities analysts expect that Inchcape plc will post 85.9639233 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on INCH shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 800 price objective on shares of Inchcape in a report on Wednesday, July 30th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,120 price objective on shares of Inchcape in a report on Tuesday, September 2nd. JPMorgan Chase & Co. restated a "neutral" rating on shares of Inchcape in a report on Thursday, July 31st. Finally, Citigroup lowered their price target on shares of Inchcape from GBX 1,161 to GBX 1,101 and set a "buy" rating for the company in a report on Wednesday, July 30th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 1,007.

Inchcape Company Profile

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.