Frontdoor Inc (FTDR) Receives Average Recommendation of “Buy” from Brokerages

Frontdoor Inc (NASDAQ:FTDR) has been assigned an average recommendation of “Buy” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $42.80.

Several research analysts have recently issued reports on FTDR shares. Zacks Investment Research lowered Frontdoor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 4th. Compass Point decreased their target price on Frontdoor from $51.75 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, November 6th. Oppenheimer set a $40.00 target price on Frontdoor and gave the stock a “buy” rating in a research report on Thursday, December 13th. ValuEngine raised Frontdoor from a “sell” rating to a “hold” rating in a research report on Saturday, January 5th. Finally, Buckingham Research started coverage on Frontdoor in a research report on Friday, November 30th. They issued a “buy” rating and a $29.00 target price for the company.

FTDR traded up $0.14 during midday trading on Wednesday, reaching $28.47. 277,923 shares of the company’s stock traded hands, compared to its average volume of 326,634. Frontdoor has a 52 week low of $20.66 and a 52 week high of $49.92.

Frontdoor Company Profile

frontdoor, inc. provides home service plans to homeowners under the American Home Shield, HSA, Landmark, and OneGuard brands in the United States. The company's home service plans cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as central heating, ventilation and air conditioning systems.

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Analyst Recommendations for Frontdoor (NASDAQ:FTDR)

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