Today The Costain Group PLC (COST) Given “Buy” Rating at Peel Hunt

Today The Costain Group PLC (COST) Given “Buy” Rating at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Costain Group PLC (LON:COST) in a report issued on Tuesday morning. Peel Hunt currently has a GBX 450 ($5.62) price target on the stock.

Several other equities analysts have also issued reports on the company. Beaufort Securities reiterated a buy rating on shares of Costain Group PLC in a research report on Friday, January 6th. Liberum Capital boosted their price objective on Costain Group PLC from GBX 405 ($5.05) to GBX 430 ($5.37) and gave the company a buy rating in a research report on Thursday, January 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 420 ($5.24).

Costain Group PLC (LON:COST) traded down 0.47% during trading on Tuesday, hitting GBX 372.25. 135,829 shares of the stock were exchanged. The stock’s market cap is GBX 382.72 million. The firm’s 50 day moving average price is GBX 364.11 and its 200-day moving average price is GBX 352.73. Costain Group PLC has a 1-year low of GBX 267.00 and a 1-year high of GBX 386.75.

In other news, insider Andrew Wyllie sold 570 shares of the stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of GBX 372 ($4.64), for a total value of £2,120.40 ($2,646.20). Also, insider Anthony Bickerstaff sold 591 shares of the stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of GBX 344 ($4.29), for a total value of £2,033.04 ($2,537.18). In the last ninety days, insiders have sold 1,482 shares of company stock valued at $528,657.

About Costain Group PLC

Costain Group PLC is an engineering solutions provider. The Company offers consulting, project delivery, and operations and maintenance services. The Company operates through two segments: Natural Resources and Infrastructure plus Alcaidesa in Spain. The Infrastructure segment operates in the highways, rail and nuclear markets.

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