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Kistos PLC ( (GB:KIST) ) has provided an update.
Kistos Holdings PLC has applied for a block admission of 2,000,000 ordinary shares to be traded on AIM, following the cancellation of hybrid callable bonds. This move is expected to enhance the company’s market operations by aligning new shares with existing ones, potentially impacting stakeholders positively.
The most recent analyst rating on (GB:KIST) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Kistos PLC stock, see the GB:KIST Stock Forecast page.
Spark’s Take on GB:KIST Stock
According to Spark, TipRanks’ AI Analyst, GB:KIST is a Neutral.
Kistos PLC’s stock score is primarily driven by strong technical indicators and positive corporate events, which indicate growth potential and strategic advancements. However, the overall score is tempered by poor financial performance and valuation concerns, highlighting challenges that need to be addressed.
To see Spark’s full report on GB:KIST stock, click here.
More about Kistos PLC
Kistos Holdings PLC is an independent energy company that focuses on generating value across the upstream and midstream markets.
Average Trading Volume: 221,303
Technical Sentiment Signal: Buy
Current Market Cap: £145M
For detailed information about KIST stock, go to TipRanks’ Stock Analysis page.