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).
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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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.
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