Kistos’ (KIST) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Kistos (LON:KIST) in a research note published on Wednesday morning, MarketBeat reports. Canaccord Genuity Group currently has a GBX 360 target price on the stock.

Separately, Berenberg Bank increased their price objective on Kistos from GBX 325 to GBX 405 and gave the stock a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 382.50.

Kistos Price Performance

Kistos stock opened at GBX 314.48 on Wednesday. Kistos has a 12 month low of GBX 145 and a 12 month high of GBX 350. The stock’s 50 day moving average is GBX 284.70 and its 200-day moving average is GBX 273.91. 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. The company has a market capitalization of £261.39 million, a price-to-earnings ratio of -157.24 and a beta of 0.46.

Kistos (LON:KIST) last announced its earnings results on Friday, June 26th. The company reported GBX (0.02) earnings per share for the quarter. The firm had revenue of £212.94 million for the quarter. Kistos had a return on equity of 49.35% and a net margin of 7.39%. Equities research analysts expect that Kistos will post 0.68 EPS for the current year.

Kistos Company Profile

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.