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

Shore Capital reaffirmed their buy rating on shares of Strix Group (LON:KETL) in a research note released on Tuesday morning, MarketBeat.com reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 90 price target on shares of Strix Group in a report on Tuesday, August 26th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 90.

Strix Group Trading Up 2.7%

Strix Group stock opened at GBX 38 on Tuesday. The stock has a market cap of £87.35 million, a P/E ratio of -6,333.33 and a beta of 0.59. Strix Group has a fifty-two week low of GBX 36.28 and a fifty-two week high of GBX 70.90. The firm’s fifty day moving average price is GBX 42.88 and its 200-day moving average price is GBX 44. The company has a debt-to-equity ratio of 225.66, a quick ratio of 1.19 and a current ratio of 1.33.

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.