Tyman (LON:TYMN) Stock Rating Lowered by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Tyman (LON:TYMN) to a hold rating in a research report report published on Friday, Marketbeat.com reports. They currently have GBX 400 ($5.03) price target on the stock.

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 360 ($4.52) price objective on shares of Tyman in a research report on Thursday, March 7th.

Tyman Trading Up 0.7 %

LON TYMN opened at GBX 382.50 ($4.81) on Friday. The firm has a market cap of £745.72 million, a price-to-earnings ratio of 1,912.50, a PEG ratio of 0.88 and a beta of 1.46. Tyman has a one year low of GBX 231.50 ($2.91) and a one year high of GBX 400 ($5.03). The company has a debt-to-equity ratio of 44.08, a quick ratio of 1.16 and a current ratio of 1.64. The firm has a 50 day simple moving average of GBX 314.21 and a 200-day simple moving average of GBX 295.74.

Tyman Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be issued a GBX 9.50 ($0.12) dividend. This is a boost from Tyman’s previous dividend of $4.20. The ex-dividend date is Thursday, April 25th. This represents a yield of 3.22%. Tyman’s dividend payout ratio (DPR) is 7,000.00%.

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.