Jefferies Reaffirms Their Hold Rating on Tailored Brands

By Ryan Adsit

Jefferies analyst Randal Konik reiterated a Hold rating on Tailored Brands (NYSE: TLRD) today and set a price target of $14. The company’s shares closed yesterday at $10.85, close to its 52-week low of $9.91.

According to TipRanks.com, Konik is ranked 0 out of 5 stars with an average return of -2.0% and a 44.7% success rate. Konik covers the Services sector, focusing on stocks such as Eros International, Abercrombie Fitch, and Acushnet Holdings.

Tailored Brands has an analyst consensus of Moderate Buy, with a price target consensus of $18.67.

The company has a one year high of $28.76 and a one year low of $9.91. Currently, Tailored Brands has an average volume of 1.74M.

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Tailored Brands, Inc. engages in the retail of men’s suits and the provision of tuxedo rental in the United States and Canada. Through its subsidiaries, the company offers a selection of suits, sport coats, furnishings and accessories. The company was founded in 1973 and is headquartered in Houston, TX.