The stock of Tailored Brands Inc (NYSE:TLRD) is a huge mover today! About 689,834 shares traded hands. Tailored Brands Inc (NYSE:TLRD) has declined 1.49% since April 8, 2016 and is downtrending. It has underperformed by 7.14% the S&P500.
The move comes after 8 months positive chart setup for the $810.00M company. It was reported on Nov, 10 by Barchart.com. We have $25.28 PT which if reached, will make NYSE:TLRD worth $469.80 million more.
Tailored Brands Inc (NYSE:TLRD) Ratings Coverage
Out of 3 analysts covering Tailored Brands (NYSE:TLRD), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Tailored Brands has been the topic of 4 analyst reports since August 2, 2016 according to StockzIntelligence Inc. Mizuho maintained Tailored Brands Inc (NYSE:TLRD) rating on Thursday, September 8. Mizuho has “Neutral” rating and $17 price target. Wunderlich initiated the shares of TLRD in a report on Tuesday, August 2 with “Buy” rating. Mizuho maintained Tailored Brands Inc (NYSE:TLRD) on Friday, June 10 with “Neutral” rating. Johnson Rice upgraded the stock to “Accumulate” rating in Thursday, September 1 report.
According to Zacks Investment Research, “Tailored Brands, Inc. is a specialty retailer of men’s suits and provider of tuxedo rental product primarily in the U.S. and Canada. The Company provide suit separates, port coats, slacks, sportswear, outerwear, dress shirts, shoes and accessories. Tailored Brands, Inc., formerly known as The Mens Wearhouse, Inc is based in Houston, Texas.”
More notable recent Tailored Brands Inc (NYSE:TLRD) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on February 02, 2016, also Marketwatch.com with their article: “Men’s Wearhouse to launch new holding company, Tailored Brands Inc.” published on January 29, 2016, Wsj.com published: “Tailored Brands to Close About 250 Stores” on March 10, 2016. More interesting news about Tailored Brands Inc (NYSE:TLRD) were released by: Marketwatch.com and their article: “Tailored Brands stock suffers third worst decline on record” published on June 09, 2016 as well as Wsj.com‘s news article titled: “Tailored Brands Results Not as Bad as Feared, Shares Higher” with publication date: September 07, 2016.
TLRD Company Profile
Tailored Brands, Inc., incorporated on October 13, 2015, is a holding firm of The Men’s Wearhouse, Inc. The Firm is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product (collectively rental product). The Firm operates through two divisions: Retail and Corporate Apparel. The Firm operates approximately 1,720 retail stores, including tuxedo shops within Macy’s department stores, with over 1,600 stores in the United States and Puerto Rico, as well as approximately 120 stores in Canada. The Company’s United States retail stores operate under Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank, Joseph Abboud and K&G brand names in over 50 states, the District of Columbia and Puerto Rico.
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