Kistos (LON:KIST) Coverage Initiated by Analysts at Canaccord Genuity Group

Canaccord Genuity Group initiated coverage on shares of Kistos (LON:KIST) in a research note issued on Monday, London Stock Exchange reports. The firm set a “buy” rating and a GBX 360 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 12.15% from the company’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 325 price objective on shares of Kistos in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 342.50.

Kistos Stock Performance

LON:KIST opened at GBX 321 on Monday. The stock has a market cap of £266.81 million, a P/E ratio of -160.50 and a beta of 0.45. The company has a quick ratio of 2.33, a current ratio of 0.90 and a debt-to-equity ratio of 656.21. The business’s 50-day moving average price is GBX 274.72 and its two-hundred day moving average price is GBX 268.80. Kistos has a twelve month low of GBX 145 and a twelve month high of GBX 335.

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