Kistos’ (KIST) Buy Rating Reaffirmed at Berenberg Bank

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a GBX 420 price objective on the stock. Berenberg Bank‘s price target suggests a potential upside of 39.07% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 360 price target on shares of Kistos in a report on Wednesday, September 16th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 390.

Kistos Price Performance

Shares of KIST stock remained flat at GBX 302 during trading hours on Monday. The stock had a trading volume of 111,912 shares, compared to its average volume of 248,647. The company has a 50 day moving average price of GBX 303.64 and a 200-day moving average price of GBX 282.92. The company has a current ratio of 1.68, a quick ratio of 2.33 and a debt-to-equity ratio of 1,049.17. The firm has a market cap of £251.02 million, a PE ratio of 10.07 and a beta of 0.46. Kistos has a 12 month low of GBX 145 and a 12 month high of GBX 350.

About Kistos

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.