Frontline Ltd. – Consensus Indicates Potential 8.1% Upside

Broker Ratings
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Frontline Ltd. found using ticker (FRO) now have 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 10 and 7 with a mean TP of 8.13. Now with the previous closing price of 7.52 this would indicate that there is a potential upside of 8.1%. The day 50 moving average is 7.05 and the 200 day moving average is 7.93. The market capitalisation for the company is $1,545m. Find out more information at: https://www.frontline.bm

The potential market cap would be $1,670m based on the market concensus.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2020, the company operated a fleet of 68 vessels. It is also involved in the charter, purchase, and sale of vessels. Frontline Ltd. is based in Hamilton, Bermuda.

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