Kistos (LON:KIST) Earns “Buy” Rating from Berenberg Bank

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research note issued on Monday, MarketBeat reports. They presently have a GBX 420 price objective on the stock. Berenberg Bank‘s price target indicates a potential upside of 37.70% from the company’s current price.

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

Kistos Stock Performance

Shares of KIST traded up GBX 3 during trading hours on Monday, reaching GBX 305. 126,310 shares of the company’s stock traded hands, compared to its average volume of 248,050. The firm has a market capitalization of £253.51 million, a price-to-earnings ratio of 10.17 and a beta of 0.46. The company has a debt-to-equity ratio of 1,049.17, a current ratio of 1.68 and a quick ratio of 2.33. Kistos has a twelve month low of GBX 145 and a twelve month high of GBX 350. The business’s fifty day simple moving average is GBX 304.04 and its two-hundred day simple moving average is GBX 283.07.

Kistos Company Profile

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.