Kistos’ (KIST) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Kistos (LON:KISTFree Report) in a report released on Tuesday morning,Digital Look reports. Berenberg Bank currently has a GBX 325 target price on the stock.

Kistos Stock Up 0.6%

KIST stock opened at GBX 263 on Tuesday. The company has a market cap of £218.60 million, a P/E ratio of -131.50 and a beta of 0.45. Kistos has a 52 week low of GBX 145 and a 52 week high of GBX 335. The company’s 50-day moving average price is GBX 262.67 and its 200 day moving average price is GBX 259.98. The company has a current ratio of 0.90, a quick ratio of 2.33 and a debt-to-equity ratio of 656.21.

Kistos (LON:KISTGet Free Report) last issued its earnings results on Friday, June 26th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. Kistos had a negative net margin of 1.13% and a negative return on equity of 6.64%. The company had revenue of £212.94 million during the quarter. On average, research analysts expect that Kistos will post 0.68 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider James Thomson sold 15,601 shares of Kistos stock in a transaction on Friday, May 8th. The stock was sold at an average price of GBX 286, for a total transaction of £44,618.86. 15.02% of the stock is owned by insiders.

Kistos Company Profile

(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.

Further Reading

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