Tyman (LON:TYMN) Rating Lowered to Hold at Jefferies Financial Group

Tyman (LON:TYMN) was downgraded by equities researchers at Jefferies Financial Group to a “hold” rating in a report issued on Friday, MarketBeat reports. They currently have a GBX 400 ($5.02) price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 4.58% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 360 ($4.52) target price on shares of Tyman in a research note on Thursday, March 7th.

Tyman Stock Performance

Tyman stock opened at GBX 382.50 ($4.80) on Friday. The company has a debt-to-equity ratio of 44.08, a current ratio of 1.64 and a quick ratio of 1.16. Tyman has a 12 month low of GBX 231.50 ($2.91) and a 12 month high of GBX 400 ($5.02). The company has a fifty day moving average price of GBX 312.45 and a two-hundred day moving average price of GBX 294.46. The company has a market cap of £745.72 million, a PE ratio of 1,912.50, a P/E/G ratio of 0.88 and a beta of 1.46.

Tyman Company Profile

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.