Costain Group (LON:COST) Reaches New 52-Week High - Should You Buy?

Costain Group PLC (LON:COST - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 182.40 and last traded at GBX 181.20, with a volume of 808508 shares changing hands. The stock had previously closed at GBX 179.60.Get Costain Group alerts:Analyst Upgrades and DowngradesA number of research analysts have issued reports on the stock. Berenberg Bank raised their price target on shares of Costain Group from GBX 190 to GBX 210 and gave the stock a "buy" rating in a report on Monday, January 26th. Peel Hunt restated a "buy" rating and issued a GBX 180 target price on shares of Costain Group in a research note on Monday, October 13th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 180.View Our Latest Stock Analysis on Costain GroupCostain Group Stock PerformanceThe firm's fifty day simple moving average is GBX 160.48 and its 200 day simple moving average is GBX 151.27. The company has a market capitalization of £483.29 million, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a debt-to-equity ratio of 9.86, a current ratio of 1.40 and a quick ratio of 1.32. Insider Buying and SellingIn related news, insider Fiona MacAulay purchased 6,347 shares of Costain Group stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average cost of GBX 157 per share, for a total transaction of £9,964.79. 47.97% of the stock is currently owned by company insiders. About Costain Group (Get Free Report)Costain improves people's lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK. By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.Featured ArticlesFive stocks we like better than Costain GroupThe day the gold market brokeForget AI, This Will Be the Next Big Tech Breakthrough~$1.5T SpaceX IPO: Pre-IPO OpportunityALERT: Drop these 5 stocks before the market opens tomorrow!Wall Street Alert: Buy AESThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Costain Group Right Now?Before you consider Costain Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Costain Group wasn't on the list.While Costain Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here