Tyman PLC (TYMN) Price Target Raised to GBX 385 at Canaccord Genuity

Tyman PLC (LON:TYMN) had its price target hoisted by research analysts at Canaccord Genuity from GBX 360 ($4.55) to GBX 385 ($4.87) in a research report issued on Friday, May 12th. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 7.77% from the company’s current price.

A number of other brokerages have also commented on TYMN. Liberum Capital reiterated a “buy” rating and set a GBX 365 ($4.62) price target on shares of Tyman PLC in a report on Wednesday, March 22nd. Numis Securities Ltd lifted their price target on Tyman PLC from GBX 320 ($4.05) to GBX 326 ($4.12) and gave the stock an “add” rating in a report on Thursday, January 12th. Finally, Berenberg Bank lifted their price target on Tyman PLC from GBX 330 ($4.17) to GBX 390 ($4.93) and gave the stock a “buy” rating in a report on Thursday, April 27th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 367 ($4.64).

Analyst Recommendations for Tyman PLC (LON:TYMN)

Shares of Tyman PLC (LON:TYMN) remained flat at GBX 357.25 during trading on Friday. 426,074 shares of the stock were exchanged. The company’s market cap is GBX 632.63 million. Tyman PLC has a 52 week low of GBX 234.00 and a 52 week high of GBX 363.00. The firm’s 50-day moving average is GBX 343.24 and its 200-day moving average is GBX 302.76.

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In other news, insider Mark Rollins bought 10,000 shares of the stock in a transaction on Thursday, March 23rd. The shares were purchased at an average cost of GBX 312 ($3.95) per share, for a total transaction of £31,200 ($39,468.69).

About Tyman PLC

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.

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