Tyman PLC (TYMN) Given Buy Rating at Canaccord Genuity
Tyman PLC (LON:TYMN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a report released on Friday. They presently have a GBX 325 ($4.24) price objective on the stock. Canaccord Genuity’s price objective suggests a potential upside of 14.54% from the stock’s previous close.
A number of other brokerages have also recently commented on TYMN. Jefferies Group increased their price objective on shares of Tyman PLC from GBX 310 ($4.05) to GBX 320 ($4.18) and gave the company a “buy” rating in a research note on Wednesday, July 27th. Liberum Capital reissued a “buy” rating and issued a GBX 315 ($4.11) price objective on shares of Tyman PLC in a research note on Tuesday, September 20th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 330 ($4.31) target price on shares of Tyman PLC in a report on Thursday, June 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Tyman PLC has a consensus rating of “Buy” and an average price target of GBX 322 ($4.20).
Shares of Tyman PLC (LON:TYMN) opened at 283.75 on Friday. The firm’s market capitalization is GBX 479.34 million. The firm’s 50 day moving average is GBX 279.60 and its 200-day moving average is GBX 275.98. Tyman PLC has a 12 month low of GBX 221.25 and a 12 month high of GBX 307.50.
The business also recently disclosed a dividend, which was paid on Thursday, September 1st. Stockholders of record on Thursday, August 4th were issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, August 4th. This represents a dividend yield of 1.04%.
In related news, insider Rollins,Mark acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, August 3rd. The shares were acquired at an average cost of GBX 287 ($3.75) per share, for a total transaction of £43,050 ($56,193.71).
Tyman PLC 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.
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