Tyman (TYMN) Given Buy Rating at Berenberg Bank

Tyman (LON:TYMN)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report issued on Wednesday, March 14th. They presently have a GBX 375 ($5.26) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 30.21% from the company’s current price.

TYMN has been the topic of a number of other research reports. Barclays initiated coverage on shares of Tyman in a report on Monday, November 27th. They issued an “overweight” rating and a GBX 397 ($5.57) price objective on the stock. Numis Securities reiterated a “buy” rating and issued a GBX 355 ($4.98) target price (down previously from GBX 405 ($5.69)) on shares of Tyman in a research report on Thursday, March 8th. Canaccord Genuity increased their target price on shares of Tyman from GBX 385 ($5.40) to GBX 390 ($5.47) and gave the company a “buy” rating in a research report on Thursday, March 8th. Finally, Liberum Capital upgraded shares of Tyman to a “buy” rating and increased their target price for the company from GBX 380 ($5.33) to GBX 384 ($5.39) in a research report on Thursday, November 30th. Eight investment analysts have rated the stock with a buy rating, Tyman has an average rating of “Buy” and a consensus price target of GBX 392.13 ($5.50).

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TYMN traded down GBX 1.50 ($0.02) during trading on Wednesday, 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 1-year low of GBX 280 ($3.93) and a 1-year high of GBX 387 ($5.43).

In related news, insider James Brotherton sold 5,598 shares of the firm’s stock in a transaction that occurred 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 Company Profile

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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