Barrington analyst Alexander Paris raised the firm’s price target on H&R Block to $55 from $48 and keeps an Outperform rating on the shares ahead of the fiscal Q2 report. The analyst cites the company’s current valuation, “secure” dividend yielding 2.7% and “aggressive” share repurchase program for the Outperform rating.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on HRB:
- H&R Block to Release Fiscal 2024 Second Quarter Results on February 6, 2024
- H&R Block’s Block Advisors Launches Beneficial Ownership Reporting Service to Help Small Business Owners Comply with the Corporate Transparency Act
- H&R Block’s Latest Brand Campaign Encourages Hardworking Americans to Switch to the Winning Team by Showing Why ‘It’s Better With Block’
- New H&R Block AI Tax Assist Provides DIY Tax Filers Instant, Unlimited Help with No Extra Fees or Upgrade Required for Live Tax Pro Assistance
- H&R Block introduces H&R Block AI Tax Assist