In a report released today, Justin Patterson from KeyBanc maintained a Hold rating on frontdoor (FTDR – Research Report). The company’s shares closed yesterday at $34.57.
According to TipRanks, Patterson is a 4-star analyst with an average return of 4.5% and a 46.77% success rate. Patterson covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Pinterest, and Match Group.
The word on The Street in general, suggests a Hold analyst consensus rating for frontdoor with a $42.50 average price target, representing a 22.94% upside. In a report released on November 2, Wells Fargo also maintained a Hold rating on the stock with a $40.00 price target.
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The company has a one-year high of $38.97 and a one-year low of $19.06. Currently, frontdoor has an average volume of 725.6K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FTDR in relation to earlier this year.
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frontdoor (FTDR) Company Description:
frontdoor, Inc. engages in the provision of home service plans. Its service focuses on water heaters, garbage disposals, doorbells. smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors. The company was founded on January 2, 2018 and is headquartered in Memphis, TN.
Read More on FTDR:
- Frontdoor management to meet virtually with KeyBanc
- Fly Insider: Emerson, Frontdoor among week’s notable insider trades
- Stitch Fix appoints Tony Bacos as chief product, technology officer
- Frontdoor raises FY23 revenue view to $1.765 B-$1.775B consensus $1.75B
- Frontdoor reports Q3 EPS 94c, consensus 54c
