Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from Costain ( (GB:COST) ) is now available.
Costain Group PLC has announced a change in the voting rights held by Perpetual Limited, a shareholder based in Sydney, Australia. The notification indicates that Perpetual Limited’s voting rights in Costain have decreased from 9.910% to 4.919%, which may influence the company’s shareholder dynamics and potentially affect its decision-making processes.
Spark’s Take on GB:COST Stock
According to Spark, TipRanks’ AI Analyst, GB:COST is a Outperform.
Costain’s overall stock score is bolstered by a robust financial structure and strategic corporate developments. The company’s low leverage and healthy ROE indicate financial stability, while recent corporate events highlight strategic growth initiatives. However, technical indicators suggest caution due to downward momentum, and modest margins coupled with declining cash flow present areas for improvement.
To see Spark’s full report on GB:COST stock, click here.
More about Costain
Average Trading Volume: 1,308,917
Technical Sentiment Signal: Buy
Current Market Cap: £321.6M
For an in-depth examination of COST stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue