INCHCAPE PLC/S (INCPY) Coverage Initiated by Analysts at Jefferies Financial Group

Research analysts at Jefferies Financial Group started coverage on shares of INCHCAPE PLC/S (OTCMKTS:INCPY) in a note issued to investors on Tuesday, April 30th, The Fly reports. The firm set a “buy” rating on the stock.

OTCMKTS:INCPY traded down $0.87 during midday trading on Tuesday, hitting $7.07. 8,877 shares of the company traded hands, compared to its average volume of 8,272. INCHCAPE PLC/S has a 12-month low of $6.05 and a 12-month high of $10.87.

INCHCAPE PLC/S Company Profile

Inchcape plc operates as an automotive distributor and retailer in the premium and luxury automotive sectors. The company sells and retails new and used cars of various brands. It also provides after sales servicing and parts; and vehicle finance and insurance products and services. The company operates in Asia, Australasia, the United Kingdom, Europe, Africa, South America, and Russia.

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