Barrington Research Comments on H&R Block

Barrington Research provided color on H&R Block (NYSE: HRB) after H&R Block's Investor Day in a research report published today. Barrington Research has a Market Perform rating on H&R Block.

In the report, Barrington Research states, " Given the valuation and cash flow characteristics, combined with the potential for a better-than-average tax season in 2012, we are warming up to the shares. While our rating currently stands at MARKET PERFORM, we are looking for one more good data point to confirm that the strategy is resonating with clients."

Shares of H&R Block closed today at $15.17, down 1.24% from Friday's market close.