Jefferies Group Lowers Tyman PLC Price Target to GBX 366 (TYMN)
Stock analysts at Jefferies Group decreased their target price on shares of Tyman PLC (LON:TYMN) from GBX 369 ($6.21) to GBX 366 ($6.16) in a report issued on Friday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 44.81% from the company’s current price.
A number of other firms have also recently commented on TYMN. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Tyman PLC in a research note on Tuesday, July 29th. They now have a GBX 320 ($5.38) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tyman PLC in a research note on Tuesday, July 29th. They now have a GBX 350 ($5.89) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tyman PLC in a research note on Thursday, July 3rd. They now have a GBX 350 ($5.89) price target on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 344.20 ($5.79).
Tyman PLC (LON:TYMN) traded down 2.22% during mid-day trading on Friday, hitting GBX 252.75. 80,736 shares of the company’s stock traded hands. Tyman PLC has a 52 week low of GBX 199.00 and a 52 week high of GBX 325.00. The stock has a 50-day moving average of GBX 279.3 and a 200-day moving average of GBX 281.0. The company’s market cap is £423.9 million.
The company also recently announced a dividend, which is scheduled for Friday, September 5th. Shareholders of record on Wednesday, August 6th will be paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend is Wednesday, August 6th.
Tyman PLC is a holding company. It is an international supplier of building products to the door and window industry.
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