Costain Group (LON:COST) Price Target Raised to GBX 210

Costain Group (LON:COST) had its price objective boosted by Berenberg Bank from GBX 190 to GBX 210 in a research note released on Monday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 180 price target on shares of Costain Group in a report on Monday, October 13th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 180.

Costain Group Stock Performance

Costain Group stock opened at GBX 177 on Monday. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. Costain Group has a 12 month low of GBX 87.50 and a 12 month high of GBX 181.60. The company has a fifty day moving average price of GBX 158.57 and a two-hundred day moving average price of GBX 150.75. The company has a market cap of £472.09 million, a PE ratio of 15.39, a P/E/G ratio of 1.63 and a beta of 2.64.

Insider Activity

In other news, insider Fiona MacAulay purchased 6,347 shares of the stock in a transaction dated Wednesday, December 10th. The stock was acquired at an average price of GBX 157 per share, for a total transaction of £9,964.79. Company insiders own 47.97% of the company’s stock.

About Costain Group

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.