Berenberg Bank Reiterates Buy Rating for Kistos (LON:KIST)

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They presently have a GBX 230 ($3.04) price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 84.00% from the stock’s previous close.

Kistos Trading Down 0.8 %

KIST stock opened at GBX 125 ($1.65) on Tuesday. Kistos has a 52-week low of GBX 93 ($1.23) and a 52-week high of GBX 185 ($2.45). The company has a quick ratio of 2.33, a current ratio of 1.80 and a debt-to-equity ratio of 264.33. The firm has a market cap of £122.95 million, a P/E ratio of -2.30 and a beta of 0.33. The company’s 50-day simple moving average is GBX 127.54 and its 200-day simple moving average is GBX 117.95.

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.