uploads///Telecom Frontier Q Analysts Recommendations

Frontier Communications: Analysts’ Ratings and Target Price

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May. 29 2019, Published 8:10 a.m. ET

Frontier Communications

According to analysts’ consensus, Frontier Communications (FTR) stock has a mean target price of $2.31 and a current market price of $1.77, which suggests upside potential of 30.5% in the next 12 months.

Among the 12 analysts tracking Frontier Communications on May 24, five recommended a “hold,” while seven recommended a “sell.” None of the analysts recommended a “buy.”

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Analysts’ recommendations for peers

About 67% of the 30 analysts tracking Charter Communications recommended a “buy,” 76% of the 33 analysts following Comcast (CMCSA) recommended a “buy,” and 12% of the 16 analysts following CenturyLink (CTL) recommended a “buy.”

Frontier’s EV-to-EBITDA multiple

On May 24, Frontier Communications had a trailing 12-month EV-to-EBITDA multiple of ~4.95x—compared to its peers. CenturyLink, Comcast, and Charter Communications had trailing 12-month EV-to-EBITDA multiples of ~4.78x, ~9.70x, and ~10.36x, respectively.

Frontier Communications expects its EV-to-EBITDA multiple in fiscal 2019 to be ~4.91x. In fiscal 2020, the EV-to-EBITDA multiple is expected to be ~5.15x.

Bollinger Band

In the trading session on May 24, Frontier Communications stock closed at $1.77, which is near its lower Bollinger Band level of $1.60. The level suggests that Frontier Communications stock is oversold.

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