In a report released today, Alexander Paris from Barrington maintained a Buy rating on H&R Block (HRB), with a price target of $30. The company’s shares opened today at $27.65.
Paris said:
“We expect a return to growth in revenues and margin expansion in FY/20 (and beyond) as it grows overall clients.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 4.5% and a 48.7% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Franklin Covey Company.
Currently, the analyst consensus on H&R Block is a Hold with an average price target of $25.33.
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H&R Block’s market cap is currently $5.69B and has a P/E ratio of 10.04. The company has a Price to Book ratio of 29.65.
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H&R Block, Inc. engages in the provision of tax preparation and other services. It offers assisted and do-it-yourself tax return preparation solutions through multiple channels and distribute the H&R block-branded financial products and services, including those of its financial partners, to the general public primarily in the United States, Canada, and Australia. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955 and is headquartered in Kansas City, MO.
