Credit Suisse Group initiated coverage on shares of Frontdoor (NASDAQ:FTDR) in a research report released on Thursday morning, Benzinga reports. The firm issued a neutral rating and a $40.00 price target on the stock.

A number of other analysts also recently weighed in on FTDR. ValuEngine raised shares of Frontdoor from a sell rating to a hold rating in a research report on Saturday, January 5th. Zacks Investment Research raised shares of Frontdoor from a strong sell rating to a hold rating in a research report on Monday, February 11th. Buckingham Research raised their price target on shares of Frontdoor from $37.00 to $44.00 and gave the stock a buy rating in a research report on Thursday, March 14th. JPMorgan Chase & Co. began coverage on shares of Frontdoor in a research report on Monday, March 25th. They set an overweight rating and a $41.00 price target for the company. Finally, Wells Fargo & Co began coverage on shares of Frontdoor in a research report on Monday, March 25th. They set an outperform rating for the company. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Frontdoor has a consensus rating of Buy and a consensus price target of $42.24.

FTDR opened at $34.01 on Thursday. The company has a market cap of $2.88 billion and a PE ratio of 19.21. Frontdoor has a 52-week low of $20.66 and a 52-week high of $49.92.

Frontdoor (NASDAQ:FTDR) last posted its quarterly earnings data on Wednesday, February 27th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.15. The firm had revenue of $279.00 million for the quarter, compared to analysts’ expectations of $277.87 million. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 EPS. As a group, sell-side analysts forecast that Frontdoor will post 1.46 EPS for the current fiscal year.

About Frontdoor

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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