Frontline (FRO) Receives a Sell from Kepler Capital
In a report released on October 23, Axel Styrman from Kepler Capital maintained a Sell rating on Frontline, with a price target of NOK132.00. The company’s shares closed yesterday at $23.54.
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According to TipRanks, Styrman is an analyst with an average return of -5.1% and a 39.85% success rate. Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and BW LPG Ltd.
Currently, the analyst consensus on Frontline is a Moderate Buy with an average price target of $21.72.
FRO market cap is currently $5.25B and has a P/E ratio of 22.77.
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