Strix Group PLC 74.2% potential upside indicated by Liberum Capital

Strix Group PLC with ticker (LON:KETL) now has a potential upside of 74.2% according to Liberum Capital.



Liberum Capital set a target price of 100 GBX for the company, which when compared to the Strix Group PLC share price of 57 GBX at opening today (29/09/2023) indicates a potential upside of 74.2%. Trading has ranged between 51 (52 week low) and 130 (52 week high) with an average of 1,386,269 shares exchanging hands daily. The market capitalisation at the time of writing is £116,212,746.

Strix Group Plc is an Isle of Man-based company, which is engaged in the designing, manufacturing and supplying of kettle safety controls and other components, and devices involving water heating and temperature control, steam management, water filtration and small household appliances for personal health and wellness. The Company is involved in designing, manufacturing and selling thermostatic controls, cordless interfaces, and other products, such as water, dispensers, jugs and filters, primarily to original equipment manufacturers (OEMs), commercial and residential customers based in China, Italy, Australia, New Zealand and the United Kingdom. The Company operates through three segments: kettle controls, water category and appliances. Its brands include Aqua Optima, LAICA, astrea and Billi.