Berenberg Bank Issues Positive Forecast for Kistos (LON:KIST) Stock Price

Kistos (LON:KISTGet Free Report) had its price target boosted by Berenberg Bank from GBX 280 to GBX 285 in a research report issued on Friday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 54.05% from the stock’s previous close.

Kistos Stock Up 1.9%

Shares of KIST traded up GBX 3.40 during trading hours on Friday, reaching GBX 185. 204,927 shares of the stock traded hands, compared to its average volume of 163,842. The company has a current ratio of 1.80, a quick ratio of 2.33 and a debt-to-equity ratio of 264.33. The stock has a fifty day simple moving average of GBX 173.29 and a 200 day simple moving average of GBX 168.10. Kistos has a 52 week low of GBX 113 and a 52 week high of GBX 210. The company has a market cap of £153.30 million, a price-to-earnings ratio of -3.25 and a beta of 0.33.

Kistos Company Profile

(Get Free Report)

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.

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