Chart of Day: H&R Block (HRB) – 2/2

It’s tax time.

As one of life’s two certainties, tax season can be the most, well… taxing.

With too many unwilling to do our own taxes, so we leave it up to trusted tax professionals. That way we don’t make mistakes with filing status, dependents, capital gains, or making dangerous assumptions. Many of us also forget human error can be costly. Even the smallest error can lead to expensive tax bills and a possible visit from the “friendly” IRS. 

hrb

H&R Block (HRB) is a non-brainer with tax season.

Every year around this time, HRB rockets higher. We’ve seen it happen just about every year. Not only can you make money from its potential appreciation this time of year, but you can also collect its yield of 2.67%.  Analysts at Barrington recently raised its price target to $55 from $48 a share, with an outperform rating. 

According to TheFly.com, the firm cites the company’s current valuation, “secure” dividend yielding 2.7% and “aggressive” share repurchase program for the Outperform rating.

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