Peel Hunt Reaffirms a Buy Rating on Costain Group PLC (LON:COST) and GBX 500.00 Target; Guardian Capital LP Increased Cdn Imperial Bk Comm Toronto (CM) Stake By $9.65 Million

They currently have a GBX 500.00 price target on Costain Group PLC (LON:COST). Peel Hunt’s target would suggest a potential upside of 6.10% from the company’s stock close price. This was revealed to clients and investors in an analyst note on 4 January.

Guardian Capital Lp increased Cdn Imperial Bk Comm Toronto (CM) stake by 8.32% reported in 2017Q3 SEC filing. Guardian Capital Lp acquired 110,950 shares as Cdn Imperial Bk Comm Toronto (CM)’s stock declined 11.35%. The Guardian Capital Lp holds 1.44 million shares with $126.07 million value, up from 1.33 million last quarter. Cdn Imperial Bk Comm Toronto now has $43.82 billion valuation. The stock increased 0.25% or $0.24 during the last trading session, reaching $98.12. About 343,072 shares traded. Canadian Imperial Bank of Commerce (NYSE:CM) has risen 2.52% since January 4, 2017 and is uptrending. It has underperformed by 14.18% the S&P500.

Guardian Capital Lp decreased Canadian Nat Res Ltd (NYSE:CNQ) stake by 538,563 shares to 6.65 million valued at $222.26 million in 2017Q3. It also reduced Enerplus Corp (NYSE:ERF) stake by 94,816 shares and now owns 5.01M shares. Energy Transfer Equity LP (NYSE:ETE) was reduced too.

Among 15 analysts covering Canadian Imperial Bank Of Commerce (NYSE:CM), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. Canadian Imperial Bank Of Commerce had 29 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, December 7 the stock rating was downgraded by Credit Agricole to “Underperform”. On Tuesday, December 19 the stock rating was upgraded by Barclays Capital to “Overweight”. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) has “Outperform” rating given on Friday, December 1 by Credit Suisse. The rating was maintained by Canaccord Genuity on Thursday, August 27 with “Hold”. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) earned “Sector Perform” rating by RBC Capital Markets on Thursday, June 30. On Monday, September 21 the stock rating was upgraded by Zacks to “Hold”. RBC Capital Markets maintained it with “Sector Perform” rating and $112 target in Friday, August 26 report. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) has “Buy” rating given on Thursday, August 24 by Canaccord Genuity. As per Wednesday, September 21, the company rating was initiated by Dundee Securities. BMO Capital Markets maintained Canadian Imperial Bank of Commerce (NYSE:CM) on Friday, August 26 with “Market Perform” rating.

Since August 1, 2017, it had 0 insider purchases, and 10 sales for $11.06 million activity. ZOOK DENNIS R sold $810,788 worth of stock or 5,000 shares. On Tuesday, October 24 the insider PORTERA JOSEPH P sold $1.93M. On Friday, September 1 MEISENBACH JOHN W sold $157,590 worth of Costain Group plc (LON:COST) or 1,000 shares. Shares for $802,892 were sold by GALANTI RICHARD A on Friday, October 20. MOULTON PAUL G had sold 8,696 shares worth $1.40 million. 20,000 shares valued at $3.86M were sold by LIBENSON RICHARD M on Monday, December 18. $966,000 worth of Costain Group plc (LON:COST) was sold by Rose Timothy L..

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.09, from 1.28 in 2017Q2. It fall, as 69 investors sold Costain Group plc shares while 383 reduced holdings. 103 funds opened positions while 433 raised stakes. 304.48 million shares or 2.26% less from 311.53 million shares in 2017Q2 were reported. Strategic Incorporated, New York-based fund reported 11,582 shares. Argent Tru owns 5,741 shares. Blue Chip Prns, a Michigan-based fund reported 1,292 shares. Pathstone Family Office Ltd reported 0.02% of its portfolio in Costain Group plc (LON:COST). Middleton & Com Ma holds 1.7% or 57,247 shares. Private Asset Management reported 10,293 shares stake. British Columbia Investment Mngmt owns 235,401 shares. Pinnacle Assocs Ltd owns 0.1% invested in Costain Group plc (LON:COST) for 32,032 shares. D L Carlson Inv Gru accumulated 1,270 shares. Sector Pension Inv Board owns 48,851 shares for 0.03% of their portfolio. 45,624 are held by Dowling And Yahnke Ltd Llc. Badgley Phelps And Bell Inc invested in 1.02% or 83,934 shares. Coldstream Inc, a Washington-based fund reported 28,900 shares. Portfolio Strategies has 300 shares for 0.08% of their portfolio. Oppenheimer Co holds 109,273 shares or 0.48% of its portfolio.

Among 6 analysts covering Costain Group PLC (LON:COST), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Costain Group PLC has GBX 4600 highest and GBX 367 lowest target. GBX 1323’s average target is 180.68% above currents GBX 471.35 stock price. Costain Group PLC had 62 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Thursday, June 30 by Peel Hunt. Liberum Capital maintained the stock with “Buy” rating in Monday, February 1 report. The rating was maintained by Liberum Capital on Wednesday, August 30 with “Buy”. The rating was maintained by Peel Hunt on Wednesday, June 21 with “Buy”. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, February 4 report. On Wednesday, August 23 the stock rating was maintained by Peel Hunt with “Buy”. The stock has “Buy” rating by Liberum Capital on Wednesday, January 6. The stock of Costain Group plc (LON:COST) earned “Buy” rating by Beaufort Securities on Tuesday, August 18. Liberum Capital maintained it with “Buy” rating and GBX 450 target in Wednesday, May 3 report. The rating was maintained by Liberum Capital on Thursday, January 5 with “Buy”.

Costain Group Plc provides engineering solutions for various energy, water, and transportation infrastructures in the United Kingdom, Spain, and internationally. The company has market cap of 497.43 million GBP. It operates in two divisions, Natural Resources and Infrastructure. It has a 17.02 P/E ratio. The Natural Resources segment engages in the water, power, and gas and oil markets.

Analysts await Costain Group plc (LON:COST) to report earnings on March, 1. They expect $1.42 EPS, up 21.37% or $0.25 from last year’s $1.17 per share. COST’s profit will be $1.50M for 82.98 P/E if the $1.42 EPS becomes a reality. After $1.36 actual EPS reported by Costain Group plc for the previous quarter, Wall Street now forecasts 4.41% EPS growth.

The stock increased 1.37% or GBX 6.35 during the last trading session, reaching GBX 471.35. About 88,645 shares traded. Costain Group plc (LON:COST) has 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.