Kistos (LON:KIST – Get Rating)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Tuesday, Marketbeat reports. They currently have a GBX 500 ($6.51) price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 18.76% from the company’s previous close.
Shares of KIST stock opened at GBX 421 ($5.48) on Tuesday. Kistos has a 1-year low of GBX 155 ($2.02) and a 1-year high of GBX 455 ($5.92).
In other news, insider Andrew Austin purchased 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 15th. The stock was bought at an average price of GBX 327 ($4.25) per share, for a total transaction of £490,500 ($638,173.30).
Kistos plc operates as a low carbon intensity gas producer. It holds 60% interests in the Q10-A gas field in the Dutch North Sea. The company was incorporated in 2020 and is headquartered in London, the United Kingdom.
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