Kistos’ (KIST) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Kistos (LON:KIST) in a report issued on Monday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 420 price target on the stock.

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

Kistos Trading Down 4.9%

Kistos stock opened at GBX 298 on Monday. The firm has a 50 day simple moving average of GBX 302.42 and a 200-day simple moving average of GBX 281.67. The company has a debt-to-equity ratio of 1,049.17, a current ratio of 1.68 and a quick ratio of 2.33. The stock has a market capitalization of £247.69 million, a PE ratio of 9.93 and a beta of 0.46. Kistos has a 12-month low of GBX 145 and a 12-month high of GBX 350.

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.