Oppenheimer Sticks to Its Hold Rating for H&R Block (HRB)


Oppenheimer analyst Scott Schneeberger maintained a Hold rating on H&R Block (HRB) today. The company’s shares closed last Thursday at $24.97, close to its 52-week high of $25.96.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 14.9% and a 67.7% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service International, Target Hospitality, and Stericycle.

Currently, the analyst consensus on H&R Block is a Hold with an average price target of $24.60, a 0.1% upside from current levels. In a report issued on May 25, Morgan Stanley also maintained a Hold rating on the stock with a $26.00 price target.

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The company has a one-year high of $25.96 and a one-year low of $13.05. Currently, H&R Block has an average volume of 1.92M.

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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.

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