Strix Group PLC with ticker (LON:KETL) now has a potential upside of 67.7% 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 60 GBX at opening today (10/10/2023) indicates a potential upside of 67.7%. Trading has ranged between 51 (52 week low) and 130 (52 week high) with an average of 1,624,072 shares exchanging hands daily. The market capitalisation at the time of writing is £132,978,292.
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.
Strix Group PLC 67.7% potential upside indicated by Liberum Capital
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
Strix expects FY26 revenue of around £150m and adjusted profit before tax of £9.8m–£10.2m, supported by improving trading in the Controls division and growth in Consumer Goods.
Italian-made bi-flux cartridges underpin LAICA’s strategy in domestic water filtration through selective purification, recurring revenue and sustainability positioning.
Laica’s filtration range combines proprietary cartridges and repeat replacement cycles to support recurring household demand.
Compact Italian water jug aims for steady margins through quality design and targeted buyers.
Aqua Optima’s filter system supports repeat sales by offering cleaner water, wide compatibility and a strong sustainability message.
Strix supplies safety and temperature controls for kettles and appliances, giving brands a proven solution that meets global standards.
