Frontline Plc found using ticker (FRO) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 23 and 16 with a mean TP of 18.63. Given that the stocks previous close was at 13.61 this would imply there is a potential upside of 36.9%. The day 50 moving average is 13.23 and the 200 day moving average is 11.23. The market capitalisation for the company is $3,079m. Company Website: https://www.frontline.bm
The potential market cap would be $4,215m 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.
