Zacks Rating on Frontier Communications Corporation (FTR)

Frontier Communications Corporation (FTR) : 11 analysts are covering Frontier Communications Corporation (FTR) and their average rating on the stock is 2, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Frontier Communications Corporation (FTR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Frontier Communications Corporation (FTR) : The highest level Frontier Communications Corporation (FTR) is projected to reach is $8 for the short term and the lowest estimate is at $5. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $5.99 and the possibility the share price can swing is $0.83.


Frontier Communications Corporation has lost 4.12% in the last five trading days and dropped 9.36% in the last 4 weeks. Frontier Communications Corporation has dropped 6.73% during the last 3-month period . Year-to-Date the stock performance stands at 3.59%. Frontier Communications Corporation (NASDAQ:FTR): stock turned positive on Tuesday. Though the stock opened at $4.69, the bulls momentum made the stock top out at $4.7 level for the day. The stock recorded a low of $4.62 and closed the trading day at $4.65, in the green by 0.22%. The total traded volume for the day was 12,520,912. The stock had closed at $4.64 in the previous days trading.

Frontier Communications Corporation is a communications company. The Company is engaged in providing services to rural areas and small and medium-sized towns and cities in the United States. It offers a range of voice, data and video services and products. The Company offers a portfolio of communications services for residential and business customers in each of its markets. It conducts business with both residential and business customers, and it provides the last mile of communications services to customers in these markets. The Company provides data and Internet services and wireless data services, basic local and long distance voice wireline services to residential and business customers in its service areas, network access to interexchange carriers for origination and termination of long distance voice and data traffic, sales of its own and third party video services, and sales of customer premise equipment.

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