TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Kistos PLC ( (GB:KIST) ).
Kistos Holdings PLC, a UK-based company, has reported a change in its major holdings. Rathbones Investment Management Ltd has increased its voting rights in Kistos to 5.1227%, surpassing the previous threshold of 4.9957%. This acquisition indicates a strategic move by Rathbones, potentially impacting Kistos’ shareholder dynamics and market perception.
The most recent analyst rating on (GB:KIST) stock is a Buy with a £300.00 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 has a mixed outlook. The technical analysis indicates strong current momentum, which is a significant positive factor. However, financial performance and valuation pose substantial risks due to declining profitability and a negative P/E ratio. The positive corporate event provides potential for future improvement, but current fundamental challenges weigh heavily on the overall score.
To see Spark’s full report on GB:KIST stock, click here.
More about Kistos PLC
Average Trading Volume: 195,352
Technical Sentiment Signal: Buy
Current Market Cap: £147.5M
For a thorough assessment of KIST stock, go to TipRanks’ Stock Analysis page.