Frontdoor (FTDR) Price Target Cut to $42.00

Frontdoor (NASDAQ:FTDR) had its price objective lowered by Compass Point from $51.75 to $42.00 in a report issued on Tuesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the company. Gabelli started coverage on Frontdoor in a report on Tuesday, October 2nd. They issued a buy rating and a $55.00 price target on the stock. Oppenheimer set a $40.00 price target on Frontdoor and gave the stock a buy rating in a report on Monday, November 5th. UBS Group lowered Frontdoor from a buy rating to a hold rating in a report on Wednesday, October 3rd. Finally, CIBC assumed coverage on Frontdoor in a research note on Tuesday, October 2nd. They issued an outperform rating and a $48.00 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $46.25.

NASDAQ:FTDR traded up $1.11 on Tuesday, hitting $22.28. The stock had a trading volume of 1,621,654 shares, compared to its average volume of 1,382,963. Frontdoor has a 52 week low of $20.68 and a 52 week high of $49.92.

Frontdoor (NASDAQ:FTDR) last announced its quarterly earnings results on Monday, November 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. The firm had revenue of $377.00 million during the quarter, compared to the consensus estimate of $369.50 million. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. Equities research analysts anticipate 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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