Kistos’ (KIST) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Kistos (LON:KIST) in a report issued on Monday morning,Digital Look reports. They currently have a GBX 420 target price on the stock.

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

Kistos Price Performance

LON:KIST opened at GBX 300 on Monday. The firm has a market capitalization of £249.35 million, a price-to-earnings ratio of 10.00 and a beta of 0.46. The company has a quick ratio of 2.33, a current ratio of 1.68 and a debt-to-equity ratio of 1,049.17. Kistos has a twelve month low of GBX 145 and a twelve month high of GBX 350. The stock’s 50 day moving average price is GBX 306.54 and its two-hundred day moving average price is GBX 274.47.

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.