Frontdoor (FTDR) Research Coverage Started at Credit Suisse Group
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, 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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