What Analysts Expect for Frontier Stock

Of the 14 Reuters-surveyed analysts covering Frontier Communications (FTR) stock on November 29, only 7% recommended “buy,” while 43% recommended “hold” and 50% recommended “sell.” Frontier stock has fallen ~56.4% in the last 12 months and ~45.7% year-to-date. Based on the stock’s November 29 price of $3.67, analysts’ target price of $5.16 implies they expect the stock to rise ~40.6% over the next 12 months. The target price has fallen from $6.37 a month ago.