InvestorsObserver gives Frontline Ltd (FRO) an analyst rating of 5, meaning FRO is rated higher by analysts than 5% of the stock. The average price target for FRO is $8 and the analyst rates the stock as a Hold.
Why are analyst ratings important?
Fundamental research of a company’s underlying health can be an extremely useful resource when making investment decisions. Analysts watch companies’ growth prospects and earnings forecasts to get a comprehensive view of particular industries. This data allows traders to react before the figures are officially released.
InvestorsObserver takes notes from these analysts and ranks these averages into percentiles. This allows you to compare stocks in depth and in more detail than common buy/hold/sell quotes.
What’s going on with Frontline Ltd shares today?
Frontline Ltd (FRO) stock is trading at $8.89 at 10:57 a.m. Thursday, June 30, down -$0.23, or -2.58% from the previous closing price of $9.12 . The stock has traded between $8.80 and $9.06 so far today. Today the volume is low. So far, 762,301 shares have been traded with an average volume of 3,024,912 shares. Click here for the full Frontline Ltd stock report.
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