Frontline (NYSE:FRO) has been given a $7.00 target price by investment analysts at Seaport Global Securities in a research report issued on Thursday. The firm currently has a “buy” rating on the shipping company’s stock. Seaport Global Securities’ target price indicates a potential upside of 36.72% from the company’s previous close.
Separately, Zacks Investment Research downgraded shares of Frontline from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $5.67.
Frontline (NYSE:FRO) opened at $5.12 on Thursday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.22. Frontline has a 12 month low of $4.47 and a 12 month high of $7.55. The stock has a market cap of $818.45, a price-to-earnings ratio of 170.72 and a beta of 1.87.
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Frontline Company Profile
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