Costain Group PLC’s (COST) “Buy” Rating Reiterated at Peel Hunt
Costain Group PLC (LON:COST)‘s stock had its “buy” rating reissued by Peel Hunt in a research report issued on Monday.
A number of other research analysts have also recently issued reports on COST. Liberum Capital reissued a “buy” rating and issued a GBX 405 ($5.29) price objective on shares of Costain Group PLC in a research note on Wednesday, August 31st. Jefferies Group reissued a “hold” rating and issued a GBX 390 ($5.09) price objective on shares of Costain Group PLC in a research note on Thursday, August 25th. Finally, Beaufort Securities reissued a “buy” rating on shares of Costain Group PLC in a research note on Friday, July 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Costain Group PLC currently has an average rating of “Buy” and an average price target of GBX 413.75 ($5.40).
Shares of Costain Group PLC (LON:COST) opened at 359.00 on Monday. The company has a 50 day moving average of GBX 351.69 and a 200-day moving average of GBX 338.56. The company’s market cap is GBX 369.10 million. Costain Group PLC has a 52-week low of GBX 267.00 and a 52-week high of GBX 390.00.
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The firm also recently declared a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be issued a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date of this dividend is Thursday, September 15th. This represents a dividend yield of 1.16%.
In other news, insider Bickerstaff,Anthony sold 7,956 shares of Costain Group PLC stock in a transaction on Monday, September 5th. The shares were sold at an average price of GBX 346 ($4.52), for a total transaction of £27,527.76 ($35,932.33).
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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