H&R Block (HRB) PT Raised to $31 at BMO Capital on F4Q17 Beat; 'Upside Surprise, Dividend Increase... Volume Trends Improve'

BMO Capital raised its price target on H&R Block (NYSE: HRB) to $31.00 (from $26.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings announcement.

Analyst Jeffrey Silber notes the company delivered fourth quarter earnings per share and revenue results above consensus projections driven by better than expected margins, while management benefited from lower than expected tax rate.

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