Kistos (LON:KIST) Research Coverage Started at Canaccord Genuity Group

Canaccord Genuity Group initiated coverage on shares of Kistos (LON:KIST) in a research note issued to investors on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a GBX 360 price objective on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 325 target price on shares of Kistos in a research report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 342.50.

Kistos Trading Up 2.9%

Shares of LON:KIST opened at GBX 322 on Monday. The company has a debt-to-equity ratio of 656.21, a quick ratio of 2.33 and a current ratio of 0.90. The stock has a market capitalization of £267.64 million, a price-to-earnings ratio of -161.00 and a beta of 0.46. Kistos has a 1-year low of GBX 145 and a 1-year high of GBX 335. The company has a 50 day moving average price of GBX 278.99 and a 200 day moving average price of GBX 270.44.

Kistos (LON:KIST) last posted its quarterly earnings results on Friday, June 26th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. The company had revenue of £212.94 million during the quarter. Kistos had a negative net margin of 1.13% and a negative return on equity of 6.64%. On average, research analysts anticipate 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.