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

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

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

Kistos Price Performance

Kistos stock opened at GBX 322.50 on Tuesday. Kistos has a 1 year low of GBX 145 and a 1 year high of GBX 350. The company’s 50 day simple moving average is GBX 282.60 and its 200-day simple moving average is GBX 272.30. The company has a market capitalization of £268.06 million, a price-to-earnings ratio of -161.25 and a beta of 0.46. The company has a debt-to-equity ratio of 656.21, a quick ratio of 2.33 and a current ratio of 0.90.

Kistos (LON:KIST) last announced its quarterly earnings data on Friday, June 26th. The company reported GBX (0.02) earnings per share 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. As a group, equities research analysts expect that Kistos will post 0.68 earnings per share for the current 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.