Strix Group’s (KETL) Buy Rating Reiterated at Canaccord Genuity

Canaccord Genuity reaffirmed their buy rating on shares of Strix Group (LON:KETL) in a report released on Wednesday morning, Digital Look reports. The brokerage currently has a GBX 210 ($2.74) price target on the stock.

KETL has been the topic of a number of other research reports. Peel Hunt reissued a buy rating and set a GBX 175 ($2.29) price objective on shares of Strix Group in a research report on Wednesday. Shore Capital reissued a buy rating on shares of Strix Group in a research report on Wednesday.

KETL stock opened at GBX 175.40 ($2.29) on Wednesday. The stock has a market capitalization of $333.26 million and a PE ratio of 15.12. The company’s 50-day moving average is GBX 165.77 and its 200-day moving average is GBX 161.84. Strix Group has a 1 year low of GBX 128 ($1.67) and a 1 year high of GBX 182 ($2.38).

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 26th will be given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 1.54%. Strix Group’s dividend payout ratio (DPR) is presently 0.60%.

Strix Group Company Profile

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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