Standpoint Research Downgrades H & R Block (HRB) to Hold; Valuation Call
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Price: $50.13 -7.03%
Rating Summary:
4 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
4 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Standpoint Research downgraded H & R Block (NYSE: HRB) from Buy to Hold.
Standpoint analyst, Ronnie Moas, said, "HRB shares remain 10% below our price target for next year, but with relative strength now hitting 90 we must exit. HRB shares are up 21.1% for us since the 18-August recommendation and are + 1062 bps versus the S&P."
For an analyst ratings summary and ratings history on H & R Block click here. For more ratings news on H & R Block click here.
Shares of H & R Block closed at $16.08 yesterday.
Standpoint analyst, Ronnie Moas, said, "HRB shares remain 10% below our price target for next year, but with relative strength now hitting 90 we must exit. HRB shares are up 21.1% for us since the 18-August recommendation and are + 1062 bps versus the S&P."
For an analyst ratings summary and ratings history on H & R Block click here. For more ratings news on H & R Block click here.
Shares of H & R Block closed at $16.08 yesterday.
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