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Wall Street’s Recommendations and Price Targets for Frontier

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Analysts’ recommendations

According to data compiled by Reuters, as of November 27, 14 analysts from different brokerage companies have been actively tracking Frontier Communications (FTR) stock. One has rated the stock as a “buy,” six have rated the stock as a “hold,” and seven have rated the stock as a “sell.” Nearly 50% of analysts have given the company “sell” ratings.

According to Wall Street analysts’ consensus, Frontier stock has a median target price of $4.75. The stock’s current market price is $3.61, which indicates a potential upside of 32% over the next 12 months.

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Frontier has generated returns of -52.6% in the trailing-12-month period and -19.1% in the trailing-one-month period. Frontier’s share price has fallen 5.3% in the last five trading days. In comparison, Windstream Holdings (WIN) and CenturyLink (CTL) have generated returns of -10.3% and -2.4%, respectively, in the last five trading days. Meanwhile, integrated US telecommunications giants AT&T (T) and Verizon (VZ) have generated returns of 0.3% and 0.1%, respectively, in the last five trading days.

Wall Street analysts’ estimates

Wall Street analysts expect Frontier to report a ~6.1% fall in revenue to $8.6 billion in 2018 compared to $9.1 billion in 2017. Its EPS are expected to be -$4.86 in 2018 compared to -$3.79 in 2017.

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