Costain Group’s (COST) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Costain Group (LON:COST) in a research report released on Wednesday,Digital Look reports. Berenberg Bank currently has a GBX 240 price target on the stock.

Costain Group Price Performance

Shares of Costain Group stock opened at GBX 210.35 on Wednesday. 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’s 50-day simple moving average is GBX 201.66 and its 200-day simple moving average is GBX 188.29. Costain Group has a twelve month low of GBX 124.40 and a twelve month high of GBX 219.50. The firm has a market cap of £559.93 million, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 1.63 and a beta of 0.89.

Insider Buying and Selling at Costain Group

In other Costain Group news, insider Amanda Fisher purchased 1,953 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average price of GBX 204 per share, for a total transaction of £3,984.12. Also, insider Helen Willis sold 344,645 shares of Costain Group stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of GBX 201, for a total value of £692,736.45. Company insiders own 48.83% of the company’s stock.

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.