Frontdoor (FTDR) Receives New Coverage from Analysts at Buckingham Research

Buckingham Research assumed coverage on shares of Frontdoor (NASDAQ:FTDR) in a research report sent to investors on Friday, MarketBeat Ratings reports. The firm issued a buy rating and a $29.00 target price on the stock.

FTDR has been the topic of several other research reports. CIBC assumed coverage on Frontdoor in a research note on Tuesday, October 2nd. They set an outperform rating and a $48.00 price target on the stock. Oppenheimer set a $40.00 price target on Frontdoor and gave the company a buy rating in a research note on Monday, November 5th. Compass Point dropped their price target on Frontdoor from $51.75 to $42.00 and set a buy rating on the stock in a research note on Tuesday, November 6th. UBS Group downgraded Frontdoor from a buy rating to a hold rating in a research note on Wednesday, October 3rd. Finally, Gabelli assumed coverage on Frontdoor in a research note on Tuesday, October 2nd. They set a buy rating and a $55.00 price target on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Buy and an average price target of $42.80.

Shares of FTDR stock opened at $23.29 on Friday. Frontdoor has a 1-year low of $20.66 and a 1-year high of $49.92.

Frontdoor (NASDAQ:FTDR) last announced its earnings results on Monday, November 5th. The company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.02. The business had revenue of $377.00 million for the quarter, compared to analysts’ expectations of $369.50 million. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. Research analysts predict that Frontdoor will post 1.43 earnings per share for the current year.

Frontdoor Company Profile

frontdoor, inc. operates a home services platform that provides home service plans to homeowners in the United States. It provides services under the HSA, OneGuard, Landmark, and American Home Shield brand names. The company serves homeowners who require assistance with technical home repair issues by utilizing its network of pre-qualified professional contractor firms.

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Analyst Recommendations for Frontdoor (NASDAQ:FTDR)

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