Peel Hunt Reiterates Buy Rating for Strix Group (LON:KETL)

Strix Group (LON:KETL)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also recently issued reports on KETL. Canaccord Genuity boosted their price objective on Strix Group from GBX 210 ($2.76) to GBX 230 ($3.03) and gave the stock a “buy” rating in a report on Thursday, January 23rd. Peel Hunt lifted their price target on shares of Strix Group from GBX 175 ($2.30) to GBX 205 ($2.70) and gave the company a “buy” rating in a research report on Thursday, January 23rd. Finally, Shore Capital lifted their price target on shares of Strix Group from GBX 200 ($2.63) to GBX 220 ($2.89) and gave the company a “buy” rating in a research report on Thursday, January 23rd.

Strix Group stock opened at GBX 181 ($2.38) on Thursday. Strix Group has a 52 week low of GBX 150 ($1.97) and a 52 week high of GBX 200 ($2.63). The stock has a market capitalization of $343.90 million and a P/E ratio of 16.61. The stock has a 50-day simple moving average of GBX 186.84 and a 200 day simple moving average of GBX 176.84.

About Strix Group

Strix Group Plc manufactures and sells kettle safety controls and other components worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating, temperature and steam-management devices, such as steam boilers, instant flow heaters, and turbo toasters.

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