Costain Group (LON:COST) Insider Purchases £13,800 in Stock

Costain Group PLC (LON:COST) insider Kate Rock acquired 10,000 shares of Costain Group stock in a transaction that occurred on Wednesday, August 20th. The shares were purchased at an average price of GBX 138 per share, for a total transaction of £13,800.

Costain Group Trading Down 0.2%

Shares of COST stock opened at GBX 128.80 on Friday. The firm has a market capitalization of £344.99 million, a P/E ratio of 11.50, a P/E/G ratio of 1.63 and a beta of 2.64. Costain Group PLC has a twelve month low of GBX 85.40 and a twelve month high of GBX 172.40. 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 stock’s fifty day simple moving average is GBX 152.96 and its 200 day simple moving average is GBX 125.22.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on COST. Berenberg Bank boosted their price objective on Costain Group from GBX 150 to GBX 175 and gave the stock a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective on Costain Group from GBX 115 to GBX 150 and gave the company a “hold” rating in a research note on Thursday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Costain Group has a consensus rating of “Moderate Buy” and an average price target of GBX 162.50.

About Costain Group

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.