Frontline Plc – Consensus Indicates Potential 12.9% Upside

Broker Ratings

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 19.38. Now with the previous closing price of 17.17 this would indicate that there is a potential upside of 12.9%. There is a 50 day moving average of 13.91 and the 200 day moving average is 11.77. The market capitalisation for the company is $3,825m. You can visit the company’s website by visiting:

The potential market cap would be $4,317m based on the market concensus.

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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.

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