Compass Point Maintains H&R Block Neutral (HRB)
Compass Point LLC maintained its H&R Block (NYSE: HRB) Neutral rating in a research report published today. Compass Point has previously given H&R Block shares a $16 price target.
In the report, Compass Point states, "While the statistics are positive for the industry, we continue to remain concerned about a decline in FY average paying retail filers, mortgage put-backs, and heightened regulatory risk."
Shares of H&R Block were trading at $17.86 at the time of posting, up 1.08% from Monday's market close.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.