Costain Group (LON:COST) Hits New 12-Month High – Time to Buy?

Costain Group PLC (LON:COSTGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 214 and last traded at GBX 210.40, with a volume of 16239 shares trading hands. The stock had previously closed at GBX 210.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on COST

Costain Group Stock Performance

The company has a current ratio of 1.44, a quick ratio of 1.32 and a debt-to-equity ratio of 9.68. The stock has a market capitalization of £550.65 million, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 1.63 and a beta of 0.89. The firm’s fifty day moving average price is GBX 195.11 and its 200 day moving average price is GBX 183.73.

Insider Transactions at Costain Group

In other news, insider Fiona MacAulay acquired 4,169 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was acquired at an average cost of GBX 179 per share, with a total value of £7,462.51. Also, insider Helen Willis sold 344,645 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of GBX 201, for a total value of £692,736.45. Insiders have sold 1,013,453 shares of company stock valued at $204,763,956 over the last three months. 47.97% of the stock is currently owned by company insiders.

About Costain Group

(Get Free Report)

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.

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