Costain Group (LON:COST) Earns Buy Rating from Berenberg Bank

Costain Group (LON:COST)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Monday,London Stock Exchange reports. They currently have a GBX 175 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 34.22% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on Costain Group from GBX 115 to GBX 150 and gave the stock a “hold” rating in a report on Thursday, August 21st. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 162.50.

Costain Group Trading Down 0.8%

LON COST opened at GBX 130.39 on Monday. The stock has a market capitalization of £347.61 million, a price-to-earnings ratio of 1,133.79, a PEG ratio of 1.63 and a beta of 2.64. Costain Group has a one year low of GBX 85.40 and a one year high of GBX 172.40. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. The business’s fifty day moving average is GBX 150.41 and its 200-day moving average is GBX 127.90.

Costain Group (LON:COST) last announced its quarterly earnings data on Wednesday, August 20th. The company reported GBX 5.50 earnings per share (EPS) for the quarter. Costain Group had a return on equity of 13.56% and a net margin of 2.33%. Equities research analysts predict that Costain Group will post 13.7551582 EPS for the current year.

Insiders Place Their Bets

In related news, insider Helen Willis sold 100,082 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of GBX 142, for a total transaction of £142,116.44. Also, insider Amanda Fisher bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were acquired at an average price of GBX 131 per share, with a total value of £13,100. In the last ninety days, insiders have purchased 35,000 shares of company stock worth $4,670,000 and have sold 612,435 shares worth $87,561,906. 47.99% of the stock is owned by corporate insiders.

Costain Group Company Profile

Costain helps to improve people’s lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK’s energy, water, transportation and defence markets.