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An update from Costain ( (GB:COST) ) is now available.
Costain Group has secured a contract worth about £100m over five years to design and build a new M5 motorway junction, 22A, in Somerset, awarded through the Regional Delivery Partnership framework. The junction will provide access to the Gravity Smart Campus and Agratas’s planned £4bn gigafactory, set to be Britain’s largest electric vehicle battery manufacturing facility, positioning Costain as delivery integration partner and main works contractor responsible for design, engineering, programme delivery and supply chain management, and underlining its role in critical national infrastructure that supports regional economic growth and the UK’s clean-energy industrial ambitions.
The most recent analyst rating on (GB:COST) stock is a Buy with a £197.00 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 reflects a strong financial foundation, positive technical indicators, and strategic corporate developments. The company’s stable financial performance and recent contract wins are significant strengths. However, modest profit margins and declining cash flow efficiency are areas for improvement. The valuation is fair, and the technical outlook is positive, supporting a favorable stock assessment.
To see Spark’s full report on GB:COST stock, click here.
More about Costain
Costain Group PLC is a UK-based infrastructure solutions company that designs and delivers connected, sustainable projects across the transport, water, energy and defence markets, with a focus on supporting a more prosperous, resilient and decarbonised United Kingdom.
Average Trading Volume: 902,358
Technical Sentiment Signal: Buy
Current Market Cap: £462.5M
See more insights into COST stock on TipRanks’ Stock Analysis page.