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UBS Reduces Stake in Costain Group PLC

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UBS Reduces Stake in Costain Group PLC

Elevate Your Investing Strategy:

An announcement from Costain ( (GB:COST) ) is now available.

UBS Group AG, through its investment bank and global wealth management division, has reduced its voting rights in Costain Group PLC to 5.109329% from a previous 6.739402%. This change in voting rights, effective as of July 3, 2025, reflects a significant adjustment in UBS’s stake in the company, potentially impacting Costain’s shareholder dynamics and market perception.

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 technical indicators and proactive corporate actions, such as share buybacks and strategic stakeholder increases, are the most significant factors driving its positive outlook. The solid financial performance supports stability, although modest margins and declining cash flow generation suggest some areas for improvement. Overall, the stock presents a promising investment opportunity with a balanced approach to growth and shareholder value.

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

More about Costain

Costain Group PLC is a UK-based company operating in the construction and engineering industry. It provides infrastructure development services, focusing on sectors such as transportation, energy, and water.

Average Trading Volume: 1,238,593

Technical Sentiment Signal: Buy

Current Market Cap: £395.8M

For an in-depth examination of COST stock, go to TipRanks’ Overview page.

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