Coverage / LON:TSTL / Trade Card

LON:TSTL

Tristel Plc

BUY 2026-08-01 Updated today 431.91p Healthcare - Medical - Instruments & SuppliesAWAIT ENTRY
66

Position levels

Currenttoday
431.91p
Buy <=wait / entry
380.00p
Trim >=take some off
460.00p
Thesis breakUS medical device regulatory approval is denied or materially delayed beyond 12 ...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case33%100 / 10033.0
Base case51%62 / 10031.6
Bear case16%10 / 1001.6
Weighted conviction66 / 100 - BUY

Top risks

  • OEM collaborations and expanding distribution partnerships supporting US product launches
  • Sixfold US revenue growth from commercial launch of high-level disinfection products for ultrasound and ophthalmology
  • H1 FY2026 record revenue of GBP 25.6m (+14%) and adjusted EBITDA +17% with 29% margins
Read full report →