Frontline Plc with ticker code (FRO) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 23 and 16 and has a mean target at 19.38. Now with the previous closing price of 15.28 this would indicate that there is a potential upside of 26.8%. The 50 day moving average now sits at 13.29 while the 200 day moving average is 11.39. The company has a market capitalisation of $3,440m. You can visit the company’s website by visiting: https://www.frontline.bm
The potential market cap would be $4,362m 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, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
