Costain Group PLC -5.3% potential downside indicated by Peel Hunt Limited

Costain Group PLC with ticker (LON:COST) now has a potential downside of -5.3% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 50 GBX for the company, which when compared to the Costain Group PLC share price of 53 GBX at opening today (30/03/2023) indicates a potential downside of -5.3%. Trading has ranged between 32 (52 week low) and 57 (52 week high) with an average of 665,956 shares exchanging hands daily. The market capitalisation at the time of writing is £143,731,755.

Costain Group PLC is a United Kingdom-based sustainable infrastructure solutions company. The Company offers a range of services across the whole lifecycle of its clients’ assets. The Company operates through two segments: Natural Resources and Transportation. The Company offers various services, which include Future-shaping strategic consultancy, Digital technology solutions, Asset optimization, Consultancy and advisory and Complex programme delivery. The Company helps to influence, shape and deliver solutions through concept, design and program management consultancy for its clients’ complex and niche engineering problems. It deploys technology-based solutions across project lifecycles to create value and achieve complex outcomes for clients. It operates primarily in the energy, water, defense, highways, rail and aviation sectors. It also delivers climate change solutions for its clients to accelerate their business to a net zero carbon economy.