Key Points
- Insider purchase: Anthony (Tony) James Quinlan bought 5,692 Costain Group shares at GBX 262 each, investing approximately £14,913.
- Stock performance: Costain shares opened at GBX 257.50, down 1.0%, with a 52-week range of GBX 135 to GBX 265 and a market capitalization of about £677.6 million.
- Analyst outlook: Berenberg raised its price target from GBX 240 to GBX 275 and maintained a “Buy” rating; the stock has an overall “Buy” consensus from two analysts.
Costain Group PLC (LON:COST - Get Free Report) insider Anthony (Tony) James Quinlan bought 5,692 shares of the firm's stock in a transaction that occurred on Wednesday, September 30th. The shares were acquired at an average cost of GBX 262 per share, with a total value of £14,913.04.
Costain Group Trading Down 1.0%
Shares of COST stock opened at GBX 257.50 on Friday. The company has a market cap of £677.61 million, a P/E ratio of 18.39, a PEG ratio of 1.63 and a beta of 0.89. The stock has a 50 day simple moving average of GBX 230.20 and a two-hundred day simple moving average of GBX 208.51. The company has a debt-to-equity ratio of 12.61, a quick ratio of 1.32 and a current ratio of 1.40. Costain Group PLC has a fifty-two week low of GBX 135 and a fifty-two week high of GBX 265.
Costain Group (LON:COST - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Costain Group had a return on equity of 14.73% and a net margin of 3.57%. Research analysts forecast that Costain Group PLC will post 13.7551582 earnings per share for the current year.
Analyst Ratings Changes
Separately, Berenberg Bank increased their target price on shares of Costain Group from GBX 240 to GBX 275 and gave the stock a "buy" rating in a research note on Friday, August 14th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of GBX 227.50.
Read Our Latest Research Report on Costain Group
Costain Group Company Profile
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Costain improves people's lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK.
By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.
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