tiprankstipranks
Advertisement
Advertisement

Costain Non-Executive Director Steve Mogford to Chair Intertek Group

Story Highlights
  • Costain non-executive director Steve Mogford will become chairman of Intertek Group after its May 2026 AGM.
  • Mogford retains key roles on Costain’s board while expanding his governance influence across another major UK-listed company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Costain Non-Executive Director Steve Mogford to Chair Intertek Group

Claim 55% Off TipRanks

The latest update is out from Costain ( (GB:COST) ).

Costain Group PLC announced that non-executive director Steve Mogford will become chairman of Intertek Group plc following Intertek’s annual general meeting on 20 May 2026. Mogford, who currently chairs Costain’s Sustainability Committee and sits on all of the company’s board committees, will now hold a prominent leadership role at another major listed company, underlining the breadth of his governance responsibilities and potentially strengthening Costain’s external board-level networks.

The appointment highlights the cross-board influence of Costain’s senior leadership at a time when corporate governance and sustainability oversight are under heightened investor scrutiny. While Mogford remains on Costain’s board, his expanded role at Intertek may enhance strategic insights and industry connections shared between the two U.K.-listed groups, though investors will watch how he balances commitments across both boards.

The most recent analyst rating on (GB:COST) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Costain stock, see the GB:COST Stock Forecast page.

Spark’s Take on COST Stock

According to Spark, TipRanks’ AI Analyst, COST is a Outperform.

The score is driven primarily by improved financial stability and earnings quality (higher margins, low leverage, solid cash conversion), supported by strong technical uptrend signals. Valuation is reasonable but not deeply compelling, and the key risk tempering the score is the multi-year revenue contraction, which could limit future growth if it persists.

To see Spark’s full report on COST stock, click here.

More about Costain

Costain Group PLC is a U.K.-based infrastructure solutions company that provides engineering, consulting and construction services across sectors such as transportation, water, energy and defense. It focuses on delivering complex infrastructure projects and advisory services, with an increasing emphasis on sustainability and innovation in its project portfolio.

Average Trading Volume: 1,639,226

Technical Sentiment Signal: Buy

Current Market Cap: £536.5M

For detailed information about COST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1