Costain Group’s (COST) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Costain Group (LON:COST) in a report released on Monday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also recently commented on the stock. Numis Securities reissued an add rating on shares of Costain Group in a research note on Friday, May 31st. Liberum Capital cut their price target on shares of Costain Group from GBX 545 ($7.12) to GBX 350 ($4.57) and set a buy rating for the company in a research note on Friday, June 28th.

Shares of LON:COST opened at GBX 156 ($2.04) on Monday. The company has a current ratio of 1.43, a quick ratio of 1.34 and a debt-to-equity ratio of 38.67. Costain Group has a 12 month low of GBX 141 ($1.84) and a 12 month high of GBX 466.50 ($6.10). The stock has a market cap of $168.34 million and a P/E ratio of 5.17. The company has a 50 day moving average of GBX 162.54 and a 200 day moving average of GBX 290.47.

The business also recently declared a dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, September 12th will be paid a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, September 12th. This represents a yield of 2.35%. Costain Group’s dividend payout ratio is presently 0.50%.

About Costain Group

Costain Group PLC provides engineering solutions for various energy, water, and transportation infrastructures in the United Kingdom, Spain, and internationally. It operates in two segments, Infrastructure and Natural Resources. The Infrastructure division operates in the highways, rail, and nuclear markets.

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