Shares of Frontier Communications Parent, Inc. (NASDAQ:FYBR – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $29.43.
A number of research analysts recently issued reports on FYBR shares. Citigroup raised their price objective on shares of Frontier Communications Parent from $30.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. TD Cowen reduced their price objective on shares of Frontier Communications Parent from $41.00 to $39.00 and set a “buy” rating on the stock in a research note on Monday, May 6th. Finally, Bank of America began coverage on Frontier Communications Parent in a research report on Tuesday, April 9th. They issued a “buy” rating and a $30.00 price target on the stock.
Read Our Latest Analysis on FYBR
Institutional Inflows and Outflows
Frontier Communications Parent Stock Up 1.5 %
Shares of FYBR opened at $26.18 on Friday. The stock has a fifty day moving average of $25.35 and a 200-day moving average of $24.30. Frontier Communications Parent has a 52 week low of $11.65 and a 52 week high of $27.41. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 238.00 and a beta of 1.10. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.07 and a current ratio of 1.07.
About Frontier Communications Parent
Frontier Communications Parent, Inc, together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services.
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