Insider Buying: Costain Group (LON:COST) Insider Acquires 6,347 Shares of Stock

Costain Group PLC (LON:COST) insider Fiona MacAulay purchased 6,347 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average cost of GBX 157 per share, for a total transaction of £9,964.79.

Costain Group Trading Down 1.0%

COST traded down GBX 1.60 during mid-day trading on Thursday, hitting GBX 155.40. 3,424,430 shares of the stock were exchanged, compared to its average volume of 1,424,102. Costain Group PLC has a 1-year low of GBX 85.40 and a 1-year high of GBX 172.40. The company has a market cap of £414.48 million, a PE ratio of 13.51, a PEG ratio of 1.63 and a beta of 2.64. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86. The firm’s fifty day moving average is GBX 150.11 and its two-hundred day moving average is GBX 144.59.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on COST shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Costain Group from GBX 115 to GBX 150 and gave the company a “hold” rating in a report on Thursday, August 21st. Peel Hunt reissued a “buy” rating and set a GBX 180 price target on shares of Costain Group in a research report on Monday, October 13th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 175 price objective on shares of Costain Group in a research report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Costain Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 168.33.

Costain Group Company Profile

Costain helps to improve people’s lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK’s energy, water, transportation and defence markets.