Tyman (TYMN) Earns “Buy” Rating from Canaccord Genuity

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Canaccord Genuity reaffirmed their buy rating on shares of Tyman (LON:TYMN) in a report issued on Wednesday. They currently have a GBX 395 ($5.16) target price on the stock.

Several other brokerages have also recently commented on TYMN. Liberum Capital reiterated a buy rating on shares of Tyman in a research report on Wednesday. Peel Hunt reissued a buy rating on shares of Tyman in a research note on Wednesday, July 25th. Finally, Numis Securities raised Tyman to an add rating and boosted their price objective for the stock from GBX 365 ($4.77) to GBX 370 ($4.83) in a research note on Thursday, July 26th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 394.17 ($5.15).

Shares of TYMN traded down GBX 9.50 ($0.12) during trading hours on Wednesday, hitting GBX 267 ($3.49). 73,505 shares of the stock were exchanged, compared to its average volume of 387,827. Tyman has a 12-month low of GBX 280 ($3.66) and a 12-month high of GBX 387 ($5.06).

About Tyman

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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Analyst Recommendations for Tyman (LON:TYMN)

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