What 5 Analyst Ratings Have To Say About Frontline
Portfolio Pulse from Benzinga Insights
Over the last quarter, Frontline (NYSE:FRO) received 5 indifferent analyst ratings with no bullish or bearish positions. The 12-month price targets for FRO have an average of $19.86, a high of $22.00, and a low of $18.20. This average has increased by 11.26% from the previous target of $17.85. Analyst ratings are quarterly assessments of stocks by financial experts based on company performance and market conditions.
November 30, 2023 | 8:00 pm
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NEUTRAL IMPACT
Frontline received 5 neutral analyst ratings in the last quarter, with an average 12-month price target of $19.86, reflecting an 11.26% increase from the previous target.
The neutral ratings suggest that analysts do not see significant short-term price movement for FRO. The increase in the average price target may be seen as a positive sign, but the lack of bullish or bearish ratings indicates that the impact on the stock price is likely to be limited in the short term. The confidence level is high due to the clear consensus among analysts and the recent increase in the price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100