H&R Block (HRB) Receives ‘Analyst’ Rating

H&R Block (HRB) has an average broker rating of 2.39, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

H&R Block (HRB) : The most positive equity analysts on H&R Block (HRB) expects the shares to touch $32, whereas, the least positive believes that the stock will trade at $24 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $27.17 with an expected fluctuation of $2.86 from the mean.


Also, In a research note released to the investors, BMO Capital maintains its rating on H&R Block (NYSE:HRB).The analysts at the brokerage house have a current rating of Market Perform on the shares. In a recent information released to the investors, BMO Capital raises the new price target from $23 per share to $24 per share. The rating by the firm was issued on August 31, 2016.

H&R Block (NYSE:HRB): After opening at $22.09, the stock dipped to an intraday low of $21.94 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.45 and the buying power remained strong till the end. The stock closed at $22.39 for the day, a gain of 0.86% for the day session. The total traded volume was 2,770,772. The stocks close on the previous trading day was $22.2.

H&R Block, Inc. (H&R Block) is a holding company. The Company, through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, and its territories, Canada and Australia. The Company offers a range of online tax services, from tax advice to complete professional and DIY tax return preparation and electronic filing, through its Website at www.hrblock.com. Services available at this Website allow clients to prepare their federal and state income tax returns using online tax program, access tax tips, advice and tax-related news, and use calculators for tax planning. The Company develops and markets DIY desktop income tax preparation software. It develops and offers applications for mobile devices, which provide tax and related services to clients.

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