Frontline Plc which can be found using ticker (FRO) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 23 and 16 calculating the average target price we see $20.25. Now with the previous closing price of $16.67 and the analysts are correct then there would likely be a percentage uptick in value of 21.5%. Also worth taking note is the 50 day moving average now sits at $16.82 while the 200 day moving average is $13.28. The market capitalization for the company is $3,802m. Find out more information at: https://www.frontline.bm
The potential market cap would be $4,619m based on the market consensus.
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.
The company has a dividend yield of 25.67% with the ex dividend date set at 15-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.43, revenue per share of 6.68 and a 6.09% return on assets.
