Jefferies Maintains Tailored Brands to Hold with Price Target $14.00

Brokerage firm Jefferies Maintains its rating on Tailored Brands(NYSE:TLRD). In a research note issued to the investors, the brokerage major Lowers the price-target to $14.00 per share. The shares have been rated Hold. The rating by Jefferies was issued on Jun 10, 2016.

In a different note, Deutsche Bank said it Initiates Coverage on Tailored Brands, according to a research note issued on Apr 26, 2016. The shares have been rated ‘Buy’ by the firm.

Tailored Brands(TLRD) last announced its earnings results on Jun 8, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $828.82M. Analysts had an estimated revenue of $841.78M. Earnings per share were $0.29. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On Apr 15, 2016, Jon W Kimmins (EVP, Chief Financial Offcier) sold 9,554 shares at $17.41 per share price.Also, On Apr 5, 2016, B. Michael Becker (director) sold 2,972 shares at $17.85 per share price.On Mar 23, 2016, Irene Chang Britt (director) purchased 1,150 shares at $16.50 per share price, according to the Form-4 filing with the securities and exchange commission.

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