FRO stock icon

Frontline
FRO

$23.41
1.64%

Market Cap: 5.21B

 

About: Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Employees: 88

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

128% more call options, than puts

Call options by funds: $42.9M | Put options by funds: $18.9M

16% more capital invested

Capital invested by funds: $1.01B [Q4 2023] → $1.17B (+$160M) [Q1 2024]

0.62% more ownership

Funds ownership: 32.34% [Q4 2023] → 32.96% (+0.62%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 5 (+0) [Q1 2024]

4% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 46

1% less funds holding

Funds holding: 178 [Q4 2023] → 176 (-2) [Q1 2024]

27% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 64

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$22
6%
downside
Avg. target
$24
4%
upside
High target
$30
28%
upside

4 analyst ratings

positive
25%
neutral
75%
negative
0%
Jefferies
Omar Nokta
28%upside
$30
Buy
Upgraded
21 Mar 2024
JP Morgan
Samuel Bland
5%downside
$22.3
Neutral
Maintained
1 Mar 2024
Jefferies
Omar Nokta
6%downside
$22
Hold
Reiterated
29 Feb 2024
JP Morgan
Samuel Bland
2%downside
$23
Neutral
Maintained
1 Feb 2024

Financial journalist opinion

Based on 6 articles about FRO published over the past 30 days