Liberum Capital Reaffirms “Buy” Rating for Costain Group (COST)
Costain Group (LON:COST)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a report issued on Thursday. They presently have a GBX 545 ($7.34) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 17.20% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Jefferies Group upgraded Costain Group to a “buy” rating and upped their price target for the stock from GBX 500 ($6.73) to GBX 560 ($7.54) in a research report on Thursday, August 24th. Beaufort Securities restated a “buy” rating on shares of Costain Group in a research report on Thursday, August 24th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 500 ($6.73) price target on shares of Costain Group in a research report on Wednesday, August 23rd.
Shares of Costain Group (LON COST) traded up GBX 14.75 ($0.20) on Thursday, reaching GBX 465 ($6.26). The company’s stock had a trading volume of 178,096 shares, compared to its average volume of 113,067. Costain Group has a fifty-two week low of GBX 348.75 ($4.69) and a fifty-two week high of GBX 494.50 ($6.66).
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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