Brokerage Firm Rating Update on H&R Block (HRB)

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 highest level H&R Block (HRB) is projected to reach is $32 for the short term and the lowest estimate is at $24. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $27.17 and the possibility the share price can swing is $2.86.


Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the BMO Capital maintains the rating on H&R Block (NYSE:HRB). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency raises the 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): The stock opened at $21.46 and touched an intraday high of $21.92 on Wednesday. During the day, the stock corrected to an intraday low of $21.28, however, the bulls stepped in and pushed the price higher to close in the green at $21.83 with a gain of 2.06% for the day. The total traded volume for the day was 4,606,982. The stock had closed at $21.39 in the previous trading session.

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 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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