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Zacks Investment Research upgraded Liberty Tax Inc (NASDAQ:TAX) to Hold in a report released today.

Zacks Investment Research has upgraded Liberty Tax Inc (NASDAQ:TAX) to Hold in a statement released on Thursday February 09, 2017.

Boasting a price of $14.25, Liberty Tax Inc (NASDAQ:TAX) traded 2.74% higher on the day. With the last stock price close up 13.98% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the same time. The company has recorded a 50-day moving average of $13.60 and a 200-day moving average of $13.16. 47,507 shares of the stock were exchanged, down from an average trading volume of 53,834

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Liberty Tax Inc (NASDAQ:TAX)

Liberty Tax Inc has a 52 week low of $9.95 and a 52 week high of $19.99 with a P/E ratio of 11.43 The company’s market cap is currently $0.

A total of 2 analysts have released a research note on Liberty Tax Inc. One analyst rating the company a strong buy, one analyst rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $34.50.

More About Liberty Tax Inc (NASDAQ:TAX)

Liberty Tax, Inc. is the holding company for JTH Tax, Inc. The Company is a provider of tax preparation services. The Company provides retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. The Company's tax preparation services and related tax settlement products are offered primarily through franchised locations. All of the Company's offices are operated under the Liberty Tax Service and SiempreTax+ brands. The Company also provides an online digital Do-It-Yourself (DIY) tax program in the United States. The Company offers two types of tax settlement financial products: refund transfer products, which include providing a means by which a customer receives his or her refund, and refund-based loans. The Company's LibTax software allows tax customers to have their federal and state income tax returns filed electronically.

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