Shares of Costain Group PLC (LON:COST) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 371 ($4.85) and last traded at GBX 373.50 ($4.88), with a volume of 155559 shares traded. The stock had previously closed at GBX 388.50 ($5.08).
COST has been the topic of a number of recent analyst reports. Liberum Capital reaffirmed a “buy” rating on shares of Costain Group in a research note on Tuesday, July 3rd. Peel Hunt reaffirmed a “buy” rating on shares of Costain Group in a research note on Tuesday, July 3rd. Finally, Numis Securities increased their price target on shares of Costain Group from GBX 300 ($3.92) to GBX 490 ($6.40) and gave the stock an “add” rating in a research note on Thursday, August 30th.
The business also recently declared a dividend, which was paid on Friday, October 19th. Shareholders of record on Thursday, September 13th were paid a dividend of GBX 5.15 ($0.07) per share. This represents a yield of 1.18%. The ex-dividend date was Thursday, September 13th.
About Costain Group (LON:COST)
Costain Group PLC provides engineering solutions for various energy, water, and transportation infrastructures in the United Kingdom, Spain, and internationally. It operates in two segments, Infrastructure and Natural Resources. The Infrastructure division operates in the highways, rail, and nuclear markets.
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