Frontier Communications (FTR) Trading 0% Higher
Frontier Communications Corp (NASDAQ:FTR) traded up 0% during trading on Monday . The company traded as high as $7.71 and last traded at $7.64. 2,608,557 shares were traded during trading, a decline of 1% from the average session volume of 2,632,339 shares. The stock had previously closed at $7.64.
A number of equities research analysts have commented on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $8.00 target price (down previously from $16.00) on shares of Frontier Communications in a research note on Monday, November 20th. Gabelli cut shares of Frontier Communications from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. BidaskClub upgraded shares of Frontier Communications from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Vetr cut shares of Frontier Communications from a “strong-buy” rating to a “buy” rating and set a $9.22 target price on the stock. in a research note on Monday, January 29th. Finally, UBS Group decreased their target price on shares of Frontier Communications from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 1st. Six equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $9.49.
The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.70 and a current ratio of 0.70.
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Frontier Communications Company Profile
Frontier Communications Corporation (Frontier) is a provider of communications services in the United States. The Company offers a portfolio of communications services for residential and business customers. Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).
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