Kistos (LON:KIST) Receives Buy Rating from Canaccord Genuity Group

Kistos (LON:KIST)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a research note issued on Wednesday, London Stock Exchange reports. They presently have a GBX 360 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 16.13% from the stock’s current price.

Separately, Berenberg Bank increased their price target on shares of Kistos from GBX 325 to GBX 405 and gave the company a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 382.50.

Kistos Stock Performance

Shares of KIST stock opened at GBX 310 on Wednesday. Kistos has a one year low of GBX 145 and a one year high of GBX 350. The company’s 50-day moving average is GBX 283.40 and its 200 day moving average is GBX 272.81. The company has a market capitalization of £257.67 million, a price-to-earnings ratio of -155.00 and a beta of 0.46. The company has a debt-to-equity ratio of 656.21, a quick ratio of 2.33 and a current ratio of 0.90.

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. The firm had revenue of £212.94 million for the quarter. Kistos had a negative net margin of 1.13% and a negative return on equity of 6.64%. Sell-side analysts expect that Kistos will post 0.68 EPS for the current fiscal year.

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.