Kistos (LON:KIST) Stock Keeps Buy Rating at Berenberg Bank

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report released on Monday, MarketBeat reports. They presently have a GBX 420 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 35.53% from the company’s current price.

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

Kistos Price Performance

LON:KIST traded up GBX 6.90 during trading hours on Monday, hitting GBX 309.90. 219,497 shares of the stock were exchanged, compared to its average volume of 249,039. The firm’s fifty day moving average price is GBX 302.96 and its 200 day moving average price is GBX 282.11. Kistos has a 52-week low of GBX 145 and a 52-week high of GBX 350. The company has a market cap of £257.58 million, a P/E ratio of 10.33 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.

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.