Zacks Rating on Frontline Ltd. (FRO)

Frontline Ltd. (FRO) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Frontline Ltd. (FRO) : The highest short term price target forecast on Frontline Ltd. (FRO) is $15 and the lowest target price is $9. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $11.5 with a standard deviation of $2.65.


Shares of Frontline Ltd. rose by 4.29% in the last five trading days and 8.55% for the last 4 weeks. Frontline Ltd. is up 17.32% in the last 3-month period. Year-to-Date the stock performance stands at -36.51%. Frontline Ltd. (NYSE:FRO): stock turned positive on Tuesday. Though the stock opened at $8.46, the bulls momentum made the stock top out at $8.9 level for the day. The stock recorded a low of $8.45 and closed the trading day at $8.76, in the green by 3.79%. The total traded volume for the day was 2,175,175. The stock had closed at $8.44 in the previous days trading.

Frontline Ltd. is a shipping company. The Company is engaged in the ownership and operation of oil tankers. The Company operates oil tankers of two sizes: very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons, and Suezmax tankers, which are vessels between 120,000 and 170,000 deadweight tons. The Company operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, India, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore. It is also involved in the charter, purchase and sale of vessels. As of December 31, 2014, the Companys tanker fleet consisted of 22 vessels and consists of 14 VLCCs (excluding the four vessels in the Windsor group) and eight Suezmax tankers, of which one Suezmax, Front Ull, is owned and the remaining 21 are chartered in.

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