Tyman PLC 18.8% potential upside indicated by Berenberg Bank

Tyman PLC with ticker (LON:TYMN) now has a potential upside of 18.8% according to Berenberg Bank.



Berenberg Bank set a target price of 360 GBX for the company, which when compared to the Tyman PLC share price of 303 GBX at opening today (22/03/2024) indicates a potential upside of 18.8%. Trading has ranged between 215 (52 week low) and 324 (52 week high) with an average of 207,449 shares exchanging hands daily. The market capitalisation at the time of writing is £586,900,551.

Tyman plc is a supplier of engineered fenestration components and access solutions to the construction industry. Its segments include North America, United Kingdom & Ireland and International. The North American segment consists of two businesses: AmesburyTruth and Bilco. AmesburyTruth is a manufacturer of hardware components, extrusions and seals for the window and patio door industry. Bilco provides wide range of specialty access and safety products, including smoke vents, roof access hatches. The United Kingdom & Ireland segment consists of three businesses: ERA, Zoo, and Access 360. ERA is engaged in designing, manufacturing, and supplying decorative and security hardware and smart ware for residential doors and windows. Zoo is a designer and supplier of architectural door hardware, predominantly for commercial applications. The International segment is a provider of hardware and seals to the door and window industry and comprises three brands, Giesse, Reguitti, and Schlegel.