Inchcape (LON:INCH) Stock Passes Above 200 Day Moving Average of $783.42

Shares of Inchcape plc (LON:INCH – Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 783.42 ($10.48) and traded as high as GBX 819.50 ($10.96). Inchcape shares last traded at GBX 796.50 ($10.65), with a volume of [...]

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Shares of Inchcape plc ( LON:INCH – Get Free Report ) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 783.42 ($10.

48) and traded as high as GBX 819.50 ($10.96).



Inchcape shares last traded at GBX 796.50 ($10.65), with a volume of 676,012 shares trading hands.

Analysts Set New Price Targets INCH has been the subject of a number of recent analyst reports. Berenberg Bank upped their price objective on shares of Inchcape from GBX 1,040 ($13.91) to GBX 1,120 ($14.

98) and gave the company a “buy” rating in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,100 ($14.71) target price on shares of Inchcape in a research note on Tuesday, June 18th.

View Our Latest Research Report on Inchcape Inchcape Stock Down 1.2 % Inchcape Cuts Dividend The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 8th were issued a GBX 11.

30 ($0.15) dividend. This represents a dividend yield of 1.

34%. The ex-dividend date was Thursday, August 8th. Inchcape’s payout ratio is 5,373.

13%. About Inchcape ( Get Free Report ) 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. Featured Stories Five stocks we like better than Inchcape Conference Calls and Individual Investors TJX Stock: A Buying Opportunity Before the Holiday Rush What is a Special Dividend? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What is a Low P/E Ratio and What Does it Tell Investors? Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Inchcape Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inchcape and related companies with MarketBeat.com's FREE daily email newsletter .

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