Berenberg Bank Raises Costain Group (LON:COST) Price Target to GBX 210

Costain Group (LON:COST) had its price objective increased by Berenberg Bank from GBX 190 to GBX 210 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 18.38% from the stock’s current price.

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

Costain Group Price Performance

COST traded up GBX 4 during trading on Monday, reaching GBX 177.40. 4,791,951 shares of the company traded hands, compared to its average volume of 1,533,860. The company has a debt-to-equity ratio of 9.86, a quick ratio of 1.32 and a current ratio of 1.40. The company has a market cap of £473.15 million, a P/E ratio of 15.43, a PEG ratio of 1.63 and a beta of 2.64. The firm has a fifty day simple moving average of GBX 157.30 and a 200 day simple moving average of GBX 150.35. Costain Group has a 12-month low of GBX 87.50 and a 12-month high of GBX 181.60.

Insider Buying and Selling

In other news, insider Fiona MacAulay bought 6,347 shares of the stock in a transaction on Wednesday, December 10th. The stock was acquired at an average cost of GBX 157 per share, for a total transaction of £9,964.79. 47.97% of the stock is owned by insiders.

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.