Insider Buying: Costain Group (LON:COST) Insider Purchases 1,953 Shares

Costain Group PLC (LON:COST) insider Amanda Fisher bought 1,953 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were acquired at an average price of GBX 204 per share, for a total transaction of £3,984.12.

Costain Group Trading Up 2.4%

Shares of COST stock opened at GBX 210.80 on Thursday. The firm has a market cap of £563.00 million, a P/E ratio of 15.39, a PEG ratio of 1.63 and a beta of 0.89. Costain Group PLC has a 12-month low of GBX 124.40 and a 12-month high of GBX 213. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 9.68. The company has a 50 day moving average of GBX 193.88 and a 200-day moving average of GBX 182.26.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 240 price target on shares of Costain Group in a research report on Tuesday, June 9th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 190.

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.