Wall street’s take on Frontier
Previously in this series, we looked at Frontier Communications’ (FTR) value proposition in the US telecom space, and compared it with that of CenturyLink (CTL), Windstream (WIN), Verizon (VZ), and AT&T (T). In this part, we’ll look at some market views on and metrics for Frontier.
Wall Street analysts’ recommendations for Frontier
As shown in the above chart, as of April 25, 2017, most analysts recommended “hold” for Frontier. These recommendations represented ~53.3% of the 15 analysts covering the stock. Meanwhile, ~33.3% of analysts recommended “buy.” The remaining ~13.3% of recommendations on the stock were “sell.”
The median target price set by analysts for Frontier was $3 as of April 25, 2017. The carrier’s closing price was $1.96 as of the same date.
Frontier’s stock price performance
As of April 25, 2017, Frontier’s stock price had fallen ~64.7% in the past year, and ~6.2% in the past month.