Berenberg Bank Reaffirms Buy Rating for Kistos (LON:KIST)

Kistos (LON:KIST)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Monday, MarketBeat reports. They currently have a GBX 420 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 38.61% from the company’s current price.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued 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. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 390.

Kistos Stock Performance

Shares of Kistos stock opened at GBX 303 on Monday. The company has a 50-day moving average of GBX 302.96 and a two-hundred day moving average of GBX 282.11. The stock has a market cap of £251.85 million, a PE ratio of 10.10 and a beta of 0.46. 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. 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.