Tyman (TYMN) Price Target Cut to GBX 385

Tyman (LON:TYMN) had its target price lowered by equities researchers at Liberum Capital from GBX 410 ($5.76) to GBX 385 ($5.40) in a research note issued to investors on Thursday, March 15th. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price target points to a potential upside of 33.68% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity lifted their target price on shares of Tyman from GBX 385 ($5.40) to GBX 390 ($5.47) and gave the stock a “buy” rating in a research note on Thursday, March 8th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 375 ($5.26) target price on shares of Tyman in a research note on Wednesday, March 14th. Numis Securities reissued a “buy” rating and issued a GBX 355 ($4.98) price target (down from GBX 405 ($5.69)) on shares of Tyman in a research note on Thursday, March 8th. Finally, Barclays started coverage on shares of Tyman in a research note on Monday, November 27th. They issued an “overweight” rating and a GBX 397 ($5.57) price target on the stock. Eight analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 392.13 ($5.50).

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Shares of LON TYMN traded down GBX 1.50 ($0.02) during trading on Thursday, hitting GBX 288 ($4.04). The company had a trading volume of 164,319 shares, compared to its average volume of 387,827. Tyman has a fifty-two week low of GBX 280 ($3.93) and a fifty-two week high of GBX 387 ($5.43).

In other Tyman news, insider James Brotherton sold 5,598 shares of the company’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of GBX 296 ($4.15), for a total transaction of £16,570.08 ($23,259.52).

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About Tyman

Tyman plc, together with its subsidiaries, supplies components to the door and window industry in North America, Europe, South America, Asia, and Australasia. The company operates in three divisions: AmesburyTruth, ERA, and Schlegel International. The AmesburyTruth division manufactures and distributes window and door hardware components, extrusions, and sealing systems.

Analyst Recommendations for Tyman (LON:TYMN)

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