Strix Group (LON:KETL) Earns Buy Rating from Shore Capital

Strix Group (LON:KETL)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 90 target price on shares of Strix Group in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 90.

Strix Group Price Performance

Shares of LON KETL opened at GBX 37 on Tuesday. The firm’s 50-day moving average price is GBX 43 and its 200-day moving average price is GBX 44.08. Strix Group has a 1-year low of GBX 36.28 and a 1-year high of GBX 70.90. The firm has a market capitalization of £85.05 million, a P/E ratio of -6,166.67 and a beta of 0.59. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 225.66.

About Strix Group

Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles.