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H&R Block (NYSE:HRB)‘s stock had its “overweight” rating reiterated by research analysts at Morgan Stanley in a report released on Tuesday, AnalystRatings.NET reports. They currently have a $35.00 price objective on the stock. Morgan Stanley’s target price indicates a potential upside of 26.63% from the stock’s previous close.

HRB has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of H&R Block from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 2nd. They now have a $28.00 price target on the stock. Analysts at Credit Suisse initiated coverage on shares of H&R Block in a research note on Monday, February 24th. They set an “outperform” rating and a $37.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. H&R Block presently has a consensus rating of “Buy” and an average target price of $32.57.

H&R Block (NYSE:HRB) opened at 28.04 on Tuesday. H&R Block has a 1-year low of $25.98 and a 1-year high of $32.42. The stock has a 50-day moving average of $30.07 and a 200-day moving average of $29.14. The company has a market cap of $7.689 billion and a P/E ratio of 33.34.

H&R Block (NYSE:HRB) last released its earnings data on Thursday, March 6th. The company reported ($0.77) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.66. The company had revenue of $199.80 million for the quarter, compared to the consensus estimate of $519.31 million. During the same quarter in the prior year, the company posted ($0.22) earnings per share. The company’s quarterly revenue was down 57.6% on a year-over-year basis. Analysts expect that H&R Block will post $1.65 EPS for the current fiscal year.

H&R Block, Inc (NYSE:HRB) has subsidiaries that provide tax preparation and banking services.

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