Jefferies Sticks to Its Hold Rating for Tailored Brands

By Carrie Williams

Jefferies analyst Randal Konik reiterated a Hold rating on Tailored Brands (NYSE: TLRD) on September 8 and set a price target of $13. The company’s shares closed on Friday at $12.19, close to its 52-week high of $28.76.

According to TipRanks.com, Konik is a 1-star analyst with an average return of -0.2% and a 50.0% success rate. Konik covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Eros International Plc, and Abercrombie Fitch.

Tailored Brands has an analyst consensus of Moderate Buy, with a price target consensus of $14.50.

Tailored Brands’ market cap is currently $597.9M and has a P/E ratio of 23.90. The company has a book value ratio of -5.2642.

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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. It offers a selection of suits, sport coats, furnishings and accessories. The company was founded in 1973 and is headquartered in Houston, TX.