Share Tip: Costain Group – The latest contract win helps to show just how cheap are its shares at 104.50p, TP 135p, on just 7.3 times earnings! 

Less than four months ago just before the late August Interim Results announcement, I noted that the shares of Costain Group (LON:COST) the UK infrastructure engineering company, then at 89p, were far too cheap. 

Since then, the sector, in which it is a major player, has been rocked by the collapse of the ISG Construction group, with some 2,000 of its employees being made redundant as all of its projects were stopped. 

That was the biggest failure since Carillion went bust in 2018. 

Yesterday the group, whose shares are now 104.50p, announced a big new contract, demons...

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