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Costain ( (GB:COST) ) just unveiled an announcement.
Costain Group PLC has secured a five-year extension to its framework contract with EDF, valued at £75 million, to provide project controls services at EDF’s eight nuclear power stations in the UK. This extension, which continues a partnership that began in 2017, underscores Costain’s strategy of building long-term relationships with critical infrastructure asset owners, contributing to the safety and efficiency of nuclear operations and supporting economic prosperity.
The most recent analyst rating on (GB:COST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Costain stock, see the GB:COST Stock Forecast page.
Spark’s Take on GB:COST Stock
According to Spark, TipRanks’ AI Analyst, GB:COST is a Outperform.
Costain’s overall stock score is driven by its stable financial performance and positive technical indicators. The company’s strong balance sheet and effective debt management are significant strengths. However, modest margins and declining cash flow generation are areas for improvement. The stock’s valuation is fair, with potential for moderate returns.
To see Spark’s full report on GB:COST stock, click here.
More about Costain
Costain Group PLC is a company focused on creating connected, sustainable infrastructure that enhances people’s lives and supports a decarbonized UK. It operates across the transport, water, energy, and defense markets, offering a mix of construction, consultancy, engineering, and digital services to meet critical national needs.
Average Trading Volume: 1,461,691
Technical Sentiment Signal: Strong Buy
Current Market Cap: £400.6M
See more data about COST stock on TipRanks’ Stock Analysis page.