How Analysts Rated Frontline Ltd. (NYSE:FRO) Last Week?

January 14, 2018 - By Louis Casey

 How Analysts Rated Frontline Ltd. (NYSE:FRO) Last Week?

Frontline Ltd. (NYSE:FRO) Ratings Coverage

Among 8 analysts covering Frontline Ltd. (NYSE:FRO), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Frontline Ltd. had 12 analyst reports since November 25, 2015 according to SRatingsIntel. The rating was upgraded by Nordea on Thursday, January 14 to “Buy”. Seaport Global reinitiated the shares of FRO in report on Wednesday, May 4 with “Neutral” rating. The stock of Frontline Ltd. (NYSE:FRO) earned “Buy” rating by Seaport Global on Wednesday, May 31. Deutsche Bank maintained the shares of FRO in report on Monday, January 4 with “Hold” rating. As per Friday, July 21, the company rating was downgraded by Evercore. The rating was initiated by Seaport Global Securities with “Buy” on Thursday, December 17. The firm has “Buy” rating by Clarkson Capital given on Tuesday, February 9. The rating was maintained by Seaport Global on Thursday, January 4 with “Buy”. The stock of Frontline Ltd. (NYSE:FRO) has “Buy” rating given on Wednesday, January 13 by DNB Markets. As per Wednesday, November 25, the company rating was upgraded by Credit Suisse. Below is a list of Frontline Ltd. (NYSE:FRO) latest ratings and price target changes.

04/01/2018 Broker: Seaport Global Rating: Buy New Target: $7.0 Maintain
21/07/2017 Broker: Evercore Old Rating: In-Line New Rating: Underperform Downgrade

The stock increased 3.27% or $0.16 during the last trading session, reaching $5.06. About 800,007 shares traded or 31.44% up from the average. Frontline Ltd. (NYSE:FRO) has declined 16.06% since January 14, 2017 and is downtrending. It has underperformed by 32.76% the S&P500.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. The company has market cap of $859.23 million. As of December 31, 2016, the firm operated a fleet of 56 vessels, including VLCC, Suezmax, LR2/ Aframax, and MR tankers. It has a 460 P/E ratio. It is also involved in the charter, purchase, and sale of vessels.

Another recent and important Frontline Ltd. (NYSE:FRO) news was published by which published an article titled: “Here’s Why Frontline Ltd.’s Stock Plunged 35% in 2017” on January 08, 2018.

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