Costain Group (LON:COST) Price Target Raised to GBX 240

Costain Group (LON:COST) had its target price upped by Berenberg Bank from GBX 210 to GBX 240 in a research report sent to investors on Wednesday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Costain Group Price Performance

Shares of COST stock opened at GBX 195.60 on Wednesday. Costain Group has a 52-week low of GBX 87.50 and a 52-week high of GBX 203.50. The company has a debt-to-equity ratio of 9.68, a quick ratio of 1.32 and a current ratio of 1.44. The firm has a market capitalization of £521.69 million, a P/E ratio of 17.01, a P/E/G ratio of 1.63 and a beta of 0.96. The stock has a 50 day moving average price of GBX 177.91 and a 200 day moving average price of GBX 157.06.

Costain Group (LON:COST) last announced its quarterly earnings data on Tuesday, March 10th. The company reported GBX 14.50 EPS for the quarter. Costain Group had a return on equity of 14.87% and a net margin of 3.57%. As a group, sell-side analysts predict that Costain Group will post 13.7551582 earnings per share for the current year.

Costain Group Company Profile

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.