Costain Group PLC (LON:COST) had its price target increased by research analysts at Peel Hunt from GBX 450 ($5.81) to GBX 500 ($6.45) in a research report issued on Monday, May 8th. The firm currently has a “buy” rating on the stock. Peel Hunt’s price objective points to a potential upside of 9.23% from the company’s current price.
A number of other analysts also recently issued reports on the company. Liberum Capital reissued a “buy” rating and set a GBX 450 ($5.81) price objective on shares of Costain Group PLC in a research report on Wednesday, May 3rd. Jefferies Group LLC upgraded Costain Group PLC to a “buy” rating and raised their target price for the company from GBX 390 ($5.03) to GBX 500 ($6.45) in a report on Tuesday, March 28th. Five equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of GBX 465 ($6.00).
Shares of Costain Group PLC (LON:COST) opened at 457.75 on Monday. The stock’s market cap is GBX 477.45 million. The firm’s 50-day moving average is GBX 470.14 and its 200 day moving average is GBX 399.99. Costain Group PLC has a 12 month low of GBX 267.00 and a 12 month high of GBX 494.50.
The business also recently disclosed a dividend, which was paid on Friday, May 19th. Stockholders of record on Thursday, April 6th were paid a GBX 8.40 ($0.11) dividend. This represents a dividend yield of 2.11%. The ex-dividend date was Thursday, April 6th. This is a boost from Costain Group PLC’s previous dividend of $4.30.
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In other news, insider Andrew Wyllie sold 24,224 shares of Costain Group PLC stock in a transaction dated Thursday, March 9th. The stock was sold at an average price of GBX 415 ($5.36), for a total value of £100,529.60 ($129,765.84).
Costain Group PLC Company Profile
Costain Group PLC is a technology-based engineering solutions provider. The Company offers consulting, project delivery, and operations and maintenance services. The Company operates through two segments: Natural Resources and Infrastructure plus Alcaidesa in Spain. The Infrastructure segment operates in the highways, rail and nuclear markets.
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