Kepler Capital Maintains a Buy Rating on Frontline (FRO)

In a report issued on April 9, Petter Haugen from Kepler Capital maintained a Buy rating on Frontline (FROResearch Report), with a price target of NOK96.00. The company’s shares closed last Friday at $7.37.

Frontline has an analyst consensus of Moderate Buy, with a price target consensus of $8.95.

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The company has a one-year high of $11.95 and a one-year low of $5.28. Currently, Frontline has an average volume of 2.17M.

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Frontline Ltd. is an international shipping company, which engages in the ownership and operation of oil and product tankers. It also offers the seaborne transportation of crude oil and oil products. The company was founded in 1985 and is headquartered in Hamilton, Bermuda.