Costain Group (LON:COST) Insider Kate Rock Purchases 10,000 Shares

Key Points

• Insider Kate Rock acquired 10,000 shares of Costain Group (LON:COST) for a total of £13,800 at an average price of GBX 138 per share on August 20th.
• Research analysts have recently adjusted their price targets for Costain Group, with Deutsche Bank raising it to GBX 150 and Berenberg Bank increasing it to GBX 175, reflecting a consensus target price of GBX 162.50.
• Costain Group reported an EPS of GBX 5.50 for its recent quarter, with expectations of a total EPS of approximately 13.76 for the current fiscal year.

Costain Group PLC (LON:COST - Get Free Report) insider Kate Rock purchased 10,000 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was bought at an average price of GBX 138 per share, for a total transaction of £13,800.

Costain Group Stock Performance

LON:COST traded up GBX 2.20 during mid-day trading on Wednesday, reaching GBX 132. The company's stock had a trading volume of 1,397,724 shares, compared to its average volume of 1,453,299. Costain Group PLC has a 12-month low of GBX 85.40 and a 12-month high of GBX 172.40. The firm's fifty day moving average price is GBX 152.66 and its two-hundred day moving average price is GBX 126.09. 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 stock has a market cap of £353.56 million, a P/E ratio of 11.78, a PEG ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The company reported GBX 5.50 earnings per share (EPS) for the quarter. Costain Group had a return on equity of 13.56% and a net margin of 2.33%. On average, equities analysts forecast that Costain Group PLC will post 13.7551582 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on COST shares. Berenberg Bank lifted their target price on Costain Group from GBX 150 to GBX 175 and gave the stock a "buy" rating in a report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft raised their target price on Costain Group from GBX 115 to GBX 150 and gave the company a "hold" rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Costain Group presently has an average rating of "Moderate Buy" and an average target price of GBX 162.50.

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.