In a report released today, Brian Fitzgerald from Wells Fargo maintained a Hold rating on frontdoor (FTDR – Research Report), with a price target of $39.00. The company’s shares closed last Friday at $34.65.
According to TipRanks, Fitzgerald is a 5-star analyst with an average return of 10.6% and a 51.19% success rate. Fitzgerald covers the Communication Services sector, focusing on stocks such as Zillow Group Class C, Electronic Arts, and Take-Two.
In addition to Wells Fargo, frontdoor also received a Hold from KeyBanc’s Justin Patterson in a report issued on May 3. However, on the same day, Truist Financial initiated coverage with a Buy rating on frontdoor (NASDAQ: FTDR).
FTDR market cap is currently $2.7B and has a P/E ratio of 15.27.
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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.
