Kistos’ (KIST) Buy Rating Reiterated at Berenberg Bank

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 325 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 23.34% from the company’s current price.

Kistos Trading Up 2.1%

Shares of LON KIST opened at GBX 263.50 on Tuesday. The firm has a market cap of £219.02 million, a PE ratio of -131.75 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. Kistos has a twelve month low of GBX 145 and a twelve month high of GBX 335. The business has a fifty day simple moving average of GBX 264.53 and a two-hundred day simple moving average of GBX 258.20.

Kistos (LON:KIST) last released 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 business had revenue of £212.94 million during the quarter. Analysts expect that Kistos will post 0.68 earnings per share for the current fiscal year.

Insider Activity

In related news, insider James Thomson sold 15,601 shares of Kistos stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of GBX 286, for a total transaction of £44,618.86. Corporate insiders own 15.02% of the company’s stock.

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.