frontdoor (FTDR) Receives a Buy from Oppenheimer


In a report released today, Ian Zaffino from Oppenheimer maintained a Buy rating on frontdoor (FTDR), with a price target of $50.00. The company’s shares closed last Monday at $47.49.

According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 2.8% and a 49.5% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Madison Square Garden Co, and Wyndham Hotels & Resorts.

frontdoor has an analyst consensus of Strong Buy, with a price target consensus of $53.00, representing a 20.3% upside. In a report issued on February 24, SunTrust Robinson also maintained a Buy rating on the stock with a $54.00 price target.

See today’s analyst top recommended stocks >>

frontdoor’s market cap is currently $3.77B and has a P/E ratio of 25.00. The company has a Price to Book ratio of -17.20.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FTDR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts