Frontline Ltd. (NYSE:FRO) Weekly Ratings as of Nov 10, 2018

November 10, 2018 - By Tyler Harlow

Frontline Ltd. (NYSE:FRO) Corporate Logo

Frontline Ltd. (NYSE:FRO) Ratings Coverage

In total 5 analysts cover Frontline (NYSE:FRO). “Buy” rating has 1, “Sell” are 1, while 3 are “Hold”. (NYSE:FRO) has 20% bullish analysts. 6 are the (NYSE:FRO)’s ratings reports on Nov 10, 2018 according to StockzIntelligence Inc. On Monday, June 18 the firm has “Outperform” rating given by Wells Fargo. On Tuesday, August 28 Deutsche Bank maintained Frontline Ltd. (NYSE:FRO) with “Hold” rating. On Monday, June 4 the firm has “Market Perform” rating given by Wells Fargo. Listed here are Frontline Ltd. (NYSE:FRO) PTs and latest ratings.

01/10/2018 Broker: Jefferies Rating: Hold New Target: $6 Initiates Coverage On
27/09/2018 Broker: BTIG Research Rating: Neutral Initiates Coverage On
28/08/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $5 New Target: $6 Maintain
15/06/2018 Broker: Drewry Financial Rating: Sell New Target: $3.5000
18/06/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Old Target: $5 Upgrade
04/06/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $5.7 New Target: $5 Maintain

FRO touched $6.72 during the last trading session after $0.07 change.Frontline Ltd. has volume of 333,705 shares. Since November 10, 2017 FRO has declined 6.62% and is downtrending. FRO underperformed by 22.24% the S&P500.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide.The firm is worth $1.14 billion. As of December 31, 2016, the firm operated a fleet of 56 vessels, including VLCC, Suezmax, LR2/ Aframax, and MR tankers.Last it reported negative earnings. It is also involved in the charter, purchase, and sale of vessels.

There’s a significant Frontline Ltd. (NYSE:FRO) news released by Nasdaq.com. It’s an article titled: “FRO – Committed to Installing Additional Scrubbers, Extension of Senior Unsecured revolving $275.0 Million Credit …” on November 01, 2018.

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