Costain Group (LON:COST) Reaches New 1-Year High – Should You Buy?

Shares of Costain Group PLC (LON:COST) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 214 and last traded at GBX 210.40, with a volume of 16239 shares traded. The stock had previously closed at GBX 210.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 240 target price on shares of Costain Group in a research note on Tuesday, June 9th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Costain Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 190.

Costain Group Trading Down 0.5%

The firm’s 50 day moving average is GBX 194.46 and its 200 day moving average is GBX 183.04. The company has a debt-to-equity ratio of 9.68, a current ratio of 1.44 and a quick ratio of 1.32. The company has a market capitalization of £558.20 million, a PE ratio of 15.26, a P/E/G ratio of 1.63 and a beta of 0.89.

Insider Transactions at Costain Group

In related news, insider Alex Vaughan sold 415,015 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of GBX 206, for a total transaction of £854,930.90. Also, insider Helen Willis sold 344,645 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of GBX 201, for a total value of £692,736.45. In the last 90 days, insiders sold 1,013,453 shares of company stock valued at $204,763,956. Insiders own 47.97% of the company’s stock.

Costain Group Company Profile

Costain improves people’s lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK.

By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.