Insider Buying: Costain Group (LON:COST) Insider Purchases 15,000 Shares of Stock

Costain Group PLC (LON:COST) insider Kate Rock purchased 15,000 shares of Costain Group stock in a transaction on Wednesday, August 27th. The shares were purchased at an average cost of GBX 132 per share, with a total value of £19,800.

Kate Rock also recently made the following trade(s):

• On Wednesday, August 20th, Kate Rock purchased 10,000 shares of Costain Group stock. The shares were acquired at an average cost of GBX 138 per share, with a total value of £13,800.

Costain Group Price Performance

LON COST opened at GBX 132 on Thursday. The firm’s 50 day moving average is GBX 152.45 and its 200-day moving average is GBX 126.13. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 9.86. The company has a market capitalization of £353.56 million, a PE ratio of 11.78, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. Costain Group PLC has a 12-month low of GBX 85.40 and a 12-month high of GBX 172.40.

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

Wall Street Analyst Weigh In

COST has been the subject of several recent research reports. Berenberg Bank increased their price target on Costain Group from GBX 150 to GBX 175 and gave the company a “buy” rating in a research report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft upped their price objective on Costain Group from GBX 115 to GBX 150 and gave the stock a “hold” rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Costain Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 162.50.

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.