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

Kistos (LON:KIST)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Monday, Marketbeat reports. They presently have a GBX 420 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 37.98% from the stock’s previous close.

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

Kistos Price Performance

LON:KIST opened at GBX 304.40 on Monday. The business’s 50-day moving average price is GBX 302.96 and its 200 day moving average price is GBX 282.11. The firm has a market cap of £253.01 million, a P/E ratio of 10.15 and a beta of 0.46. Kistos has a 52-week low of GBX 145 and a 52-week high of GBX 350. 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.

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.