Kistos (LON:KIST) Stock Rating Reaffirmed as “Buy” by Berenberg Bank

Kistos (LON:KIST)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued on Monday, Marketbeat Ratings reports. They currently have a GBX 420 price objective on the stock. Berenberg Bank‘s price objective suggests a potential upside of 39.07% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 360 price objective on shares of Kistos in a research note on Wednesday, September 16th. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Kistos presently has a consensus rating of “Buy” and a consensus target price of GBX 390.

Kistos Price Performance

LON KIST remained flat at GBX 302 on Monday. 111,912 shares of the company’s stock traded hands, compared to its average volume of 248,647. The stock has a market capitalization of £251.02 million, a P/E ratio of 10.07 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. The business has a 50 day simple moving average of GBX 303.64 and a two-hundred day simple moving average of GBX 282.92. Kistos has a 1 year low of GBX 145 and a 1 year 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.