Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Costain Group (LON:COST) Stock

Costain Group (LON:COST) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 115 to GBX 150 in a research report released on Thursday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Costain Group Trading Up 1.7%

LON:COST opened at GBX 131.20 on Thursday. The business’s 50-day moving average is GBX 153.01 and its two-hundred day moving average is GBX 125.67. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. Costain Group has a 12 month low of GBX 85.40 and a 12 month high of GBX 172.40. The firm has a market capitalization of £351.42 million, a PE ratio of 11.71, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Costain Group (LON:COST) last announced its earnings results on Wednesday, August 20th. The company reported GBX 5.50 earnings per share for the quarter. Costain Group had a return on equity of 13.56% and a net margin of 2.33%. Research analysts predict that Costain Group will post 13.7551582 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Alex Vaughan sold 241,639 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of GBX 144, for a total transaction of £347,960.16. Also, insider Helen Willis sold 100,082 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 142, for a total value of £142,116.44. Insiders sold 612,435 shares of company stock worth $87,561,906 over the last ninety days. Corporate insiders own 6.43% of the company’s stock.

About Costain Group

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.