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

March 3, 2018 - By Kurt Siggers

 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. Seaport Global upgraded it to “Buy” rating and $800 target in Wednesday, May 31 report. The company was upgraded on Tuesday, February 9 by Clarkson Capital. The rating was maintained by Deutsche Bank on Monday, January 4 with “Hold”. The stock of Frontline Ltd. (NYSE:FRO) has “Neutral” rating given on Wednesday, May 4 by Seaport Global. The company was upgraded on Wednesday, November 25 by Credit Suisse. Seaport Global Securities initiated the shares of FRO in report on Thursday, December 17 with “Buy” rating. Evercore downgraded the stock to “Underperform” rating in Friday, July 21 report. On Thursday, January 4 the stock rating was maintained by Seaport Global with “Buy”. Nordea upgraded Frontline Ltd. (NYSE:FRO) on Thursday, January 14 to “Buy” rating. The firm has “Buy” rating given on Wednesday, January 13 by DNB Markets. 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

The stock increased 4.13% or $0.16 during the last trading session, reaching $4.03. About 888,957 shares traded or 25.03% up from the average. Frontline Ltd. (NYSE:FRO) has declined 16.06% since March 3, 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 $684.33 million. As of December 31, 2016, the firm operated a fleet of 56 vessels, including VLCC, Suezmax, LR2/ Aframax, and MR tankers. It currently has negative earnings. 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: “Frontline: Weak Balance Sheet And Terrible Markets – 50% Downside” on March 02, 2018.

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