INCH Broker Views.... Date Broker Rec. Price Old target price New target price Notes30 Jan 15 Exane BNP Paribas Outperform 741.75 840.00 850.00 Retains10 Dec 14 Exane BNP Paribas Outperform 741.75 840.00 840.00 Retains08 Dec 14 Deutsche Bank Buy 741.75 715.00 800.00 Reiterates04 Dec 14 JP Morgan Cazenove Overweight 741.75
INCH Breakout to All Time High....... INCH Inchcape, lovely breakout of a range going back to December. An all time high. Forward P/E 13.4 to 2015, cheap. Historically on 18 plus. [link]
It breaks 700p I think this is the highest the SP has been since the 2009 fund raising.Will be very interesting to see if it can keep going, macro-factors make me think otherwise!