Brokerages Set Frontline Ltd (NYSE:FRO) PT at $10.58
Shares of Frontline Ltd (NYSE:FRO) have been assigned a consensus recommendation of “Buy” from the ten research firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $10.58.
A number of analysts recently commented on FRO shares. ValuEngine raised Frontline from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Zacks Investment Research upgraded Frontline from a “hold” rating to a “strong-buy” rating and set a $10.00 price objective for the company in a research report on Wednesday, September 18th. Evercore ISI ra ...