Kistos (LON:KIST) Price Target Raised to GBX 405 at Berenberg Bank

Kistos (LON:KIST) had its target price increased by equities research analysts at Berenberg Bank from GBX 325 to GBX 405 in a research report issued on Tuesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 25.58% from the stock’s current price.

Separately, Canaccord Genuity Group began coverage on shares of Kistos in a report on Monday, September 7th. They issued a “buy” rating and a GBX 360 target price for the company. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Kistos presently has an average rating of “Buy” and an average target price of GBX 382.50.

Kistos Stock Down 2.0%

Shares of LON:KIST opened at GBX 322.50 on Tuesday. The stock has a fifty day simple moving average of GBX 282.60 and a two-hundred day simple moving average of GBX 272.30. The company has a current ratio of 0.90, a quick ratio of 2.33 and a debt-to-equity ratio of 656.21. The stock has a market capitalization of £268.06 million, a price-to-earnings ratio of -161.25 and a beta of 0.46. Kistos has a 12-month low of GBX 145 and a 12-month high of GBX 350.

Kistos (LON:KIST) last released its quarterly earnings data on Friday, June 26th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. Kistos had a negative net margin of 1.13% and a negative return on equity of 6.64%. The business had revenue of £212.94 million during the quarter. On average, research analysts anticipate that Kistos will post 0.68 earnings per share for the current fiscal year.

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.