Costain Group PLC’s (COST) “Buy” Rating Reaffirmed at Peel Hunt
Peel Hunt reiterated their buy rating on shares of Costain Group PLC (LON:COST) in a research report sent to investors on Monday. The brokerage currently has a GBX 450 ($5.57) price target on the stock.
A number of other research firms also recently issued reports on COST. Liberum Capital reiterated a buy rating and set a GBX 405 ($5.01) price target on shares of Costain Group PLC in a research note on Wednesday, August 31st. Beaufort Securities reiterated a buy rating on shares of Costain Group PLC in a research note on Friday, July 1st. Finally, Jefferies Group reiterated a hold rating and set a GBX 390 ($4.83) price target on shares of Costain Group PLC in a research note on Thursday, August 25th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 413.75 ($5.12).
Costain Group PLC (LON:COST) opened at 357.50 on Monday. The firm’s market cap is GBX 367.56 million. Costain Group PLC has a 52-week low of GBX 267.00 and a 52-week high of GBX 390.00. The stock has a 50 day moving average price of GBX 352.42 and a 200 day moving average price of GBX 338.47.
The business also recently declared a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 15th will be issued a GBX 4.30 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, September 15th. This represents a dividend yield of 1.16%.
In related news, insider Bickerstaff,Anthony sold 7,956 shares of Costain Group PLC stock in a transaction that occurred on Monday, September 5th. The shares were sold at an average price of GBX 346 ($4.28), for a total value of £27,527.76 ($34,069.01).
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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