Tyman (TYMN) Hits New 12-Month Low at $245.50

Tyman PLC (LON:TYMN)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 245.50 ($3.21) and last traded at GBX 247 ($3.23), with a volume of 62516 shares. The stock had previously closed at GBX 251 ($3.28).

A number of equities research analysts have recently commented on TYMN shares. Barclays lowered their price target on shares of Tyman from GBX 397 ($5.19) to GBX 365 ($4.77) and set an “overweight” rating for the company in a report on Thursday, November 8th. Peel Hunt reiterated a “buy” rating on shares of Tyman in a research note on Tuesday, November 20th. Liberum Capital reissued a “buy” rating on shares of Tyman in a research report on Wednesday, November 7th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 395 ($5.16) target price on shares of Tyman in a research report on Wednesday, November 7th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 383.33 ($5.01).

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About Tyman (LON:TYMN)

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

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