Kistos (LON:KIST) Earns Buy Rating from Analysts at Canaccord Genuity Group

Stock analysts at Canaccord Genuity Group started coverage on shares of Kistos (LON:KIST – Get Free Report) in a note issued to investors on Monday, London Stock Exchange reports. The brokerage set a “buy” rating and a GBX 360 price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 12.15% from the company’s previous close.

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

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Kistos Price Performance

KIST opened at GBX 321 on Monday. The stock’s 50 day simple moving average is GBX 274.72 and its 200 day simple moving average is GBX 268.80. The company has a debt-to-equity ratio of 656.21, a current ratio of 0.90 and a quick ratio of 2.33. Kistos has a 1 year low of GBX 145 and a 1 year high of GBX 335. The firm has a market cap of £266.81 million, a price-to-earnings ratio of -160.50 and a beta of 0.45.

Kistos (LON:KIST – Get Free Report) last announced its quarterly earnings results on Friday, June 26th. The company reported GBX (0.02) EPS 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, analysts predict that Kistos will post 0.68 earnings per share for the current year.

About Kistos

(Get Free Report)

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.

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