Costain Group PLC (LON:COST) Given Average Rating of “Buy” by Brokerages
Costain Group PLC (LON:COST) has received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 413.75 ($5.40).
Several brokerages have recently commented on COST. Peel Hunt restated a “buy” rating and issued a GBX 450 ($5.87) price objective on shares of Costain Group PLC in a research report on Monday, August 15th. Beaufort Securities restated a “buy” rating on shares of Costain Group PLC in a research report on Friday, July 1st. Liberum Capital restated a “buy” rating on shares of Costain Group PLC in a research report on Wednesday, July 6th. Finally, Jefferies Group restated a “hold” rating and issued a GBX 390 ($5.09) price objective on shares of Costain Group PLC in a research report on Thursday, August 25th.
In other news, insider Bickerstaff,Anthony sold 7,956 shares of Costain Group PLC stock in a transaction dated Monday, September 5th. The stock was sold at an average price of GBX 346 ($4.52), for a total value of £27,527.76 ($35,932.33).
Costain Group PLC (LON:COST) opened at 369.00 on Thursday. The stock’s 50 day moving average price is GBX 350.50 and its 200 day moving average price is GBX 338.34. The company’s market capitalization is GBX 379.38 million. Costain Group PLC has a 12 month low of GBX 267.00 and a 12 month high of GBX 390.00.
The company also recently announced a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be issued a GBX 4.30 ($0.06) dividend. The ex-dividend date is Thursday, September 15th. This represents a dividend yield of 1.16%.
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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