Tyman’s (TYMN) Buy Rating Reaffirmed at Berenberg Bank

Tyman (LON:TYMN)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Wednesday. They currently have a GBX 375 ($5.18) target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 25.84% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Canaccord Genuity increased their price target on shares of Tyman from GBX 385 ($5.32) to GBX 390 ($5.39) and gave the company a “buy” rating in a report on Thursday, March 8th. Numis Securities reissued a “buy” rating and issued a GBX 355 ($4.90) price target (down from GBX 405 ($5.60)) on shares of Tyman in a report on Thursday, March 8th. Liberum Capital reissued a “buy” rating and issued a GBX 410 ($5.66) price target on shares of Tyman in a report on Wednesday, March 7th. Finally, Barclays began coverage on shares of Tyman in a report on Monday, November 27th. They issued an “overweight” rating and a GBX 397 ($5.48) price target on the stock. Eight research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of GBX 395.25 ($5.46).

Tyman (LON TYMN) opened at GBX 298 ($4.12) on Wednesday. The firm has a market cap of $530.60 and a PE ratio of 2,128.57. Tyman has a fifty-two week low of GBX 280 ($3.87) and a fifty-two week high of GBX 387 ($5.35).

In other Tyman news, insider James Brotherton sold 5,598 shares of the stock in a transaction dated Friday, March 9th. The shares were sold at an average price of GBX 296 ($4.09), for a total value of £16,570.08 ($22,893.17).

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Tyman Company Profile

Tyman PLC, formerly Lupus Capital PLC, is a United Kingdom-based holding company. The Company is an international supplier of engineered components to the door and window industry. It operates through three segments, which include AmesburyTruth, ERA and Schlegel International. Its North American division operates as AmesburyTruth.

Analyst Recommendations for Tyman (LON:TYMN)

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