Alert: Major Price Advance (8/16/24)-Block H&R Inc (NYSE: HRB).

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Block H&R Inc (NYSE: HRB) stock closed at $64.45 on 8/16/24 after a major increase of 12.1%. Moreover, trading volume in this advance was exceptionally high at 798% of normal. The stock has risen 15.3% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, HRB is expected to continue to be a major Value Builder.

Block H&R has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Block H&R has a good Power Rating of 82 and a very high Appreciation Score of 97, resulting in the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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