Peel Hunt Reaffirms “Buy” Rating for Costain Group PLC (COST)
Costain Group PLC (LON:COST)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 500 ($6.48) price target on the stock. Peel Hunt’s target price would suggest a potential upside of 9.35% from the company’s current price.
Other equities research analysts also recently issued research reports about the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 510 ($6.61) price target on shares of Costain Group PLC in a research note on Tuesday. Jefferies Group LLC raised shares of Costain Group PLC to a “buy” rating and lifted their price target for the stock from GBX 390 ($5.05) to GBX 500 ($6.48) in a research note on Tuesday, March 28th.
Shares of Costain Group PLC (COST) traded down 0.77% during trading on Tuesday, hitting GBX 453.75. 106,491 shares of the company were exchanged. The stock’s market cap is GBX 473.28 million. Costain Group PLC has a 12 month low of GBX 280.00 and a 12 month high of GBX 494.50. The company’s 50-day moving average price is GBX 470.60 and its 200 day moving average price is GBX 424.31.
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About Costain Group PLC
Costain Group PLC is a technology-based 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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