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Costain ( (GB:COST) ) has issued an update.
Costain Group PLC announced a correction to a previous statement regarding its total voting rights, clarifying that there was no increase in the number of voting rights. The company’s issued share capital remains at 272,896,316 ordinary shares, each carrying one vote. This update ensures shareholders have accurate information for compliance with the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:COST) stock is a Hold with a £1.05 price target. To see the full list of analyst forecasts on Costain stock, see the GB:COST Stock Forecast page.
Spark’s Take on GB:COST Stock
According to Spark, TipRanks’ AI Analyst, GB:COST is a Outperform.
Costain’s strong financial position and ongoing corporate actions, such as share buybacks and strategic project wins, provide a solid foundation. However, technical indicators suggest caution due to potential overbought conditions. The stock’s valuation is fair, aligning with industry averages.
To see Spark’s full report on GB:COST stock, click here.
More about Costain
Costain Group PLC operates in the engineering and construction industry, providing infrastructure solutions across the UK. The company focuses on delivering integrated services in sectors such as transportation, energy, and water, aiming to enhance the nation’s infrastructure.
Average Trading Volume: 1,306,960
Technical Sentiment Signal: Buy
Current Market Cap: £401.2M
For an in-depth examination of COST stock, go to TipRanks’ Overview page.