Frontline upgraded by BTIG Research with a new price target
$FRO
Marine Transportation
Consumer Discretionary
BTIG Research upgraded Frontline from Neutral to Buy and set a new price target of $30.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $15.83 | Buy → Hold | Kepler |
| 10/7/2024 | $30.00 | Neutral → Buy | BTIG Research |
| 3/21/2024 | $22.00 → $30.00 | Hold → Buy | Jefferies |
| 1/9/2024 | $17.00 → $26.00 | Hold → Buy | Deutsche Bank |
| 8/25/2023 | $17.00 | Buy → Hold | Deutsche Bank |
| 8/15/2023 | $20.00 | Neutral | JP Morgan |
| 6/30/2023 | $19.00 → $17.00 | Hold → Buy | Deutsche Bank |
| 5/8/2023 | $17.00 | Buy → Hold | Jefferies |
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from 22 leading shipping companies will participate on panels discussions at the "2nd Maritime Leaders Summit" on Monday, June 2, 2025, at the Clarion Hotel The Hub in Oslo, Norway. The event is hosted by Capital Link and DNV and takes place within the context of Nor-Shipping 2025. FORUM OVERVIEW AND STRUCTURE Held in Oslo biennially, the Maritime Leaders Summit is known for its large attendance by leaders and decision makers from across shipping's value chain. This international thought leadership event will cover topics related to geopolitical challenges, the evolving energy landscape, environmental regulations, technology a
Attendance is complimentary to investors & qualified attendees.1x1 Meetings Available Upon Request. NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading publicly listed LNG, LPG, Crude oil and Product Tanker shipping companies will participate on panels at Capital Link's 18th Annual International Shipping Forum on Monday, March 11, 2024 at the Metropolitan Club in New York City. Featuring senior executives from shipping and maritime companies, the event is organized in partnership with Citi, and in cooperation with Nasdaq & NYSE, and is known for its large attendance by investors, shipowners and financiers. The Forum features a series of panel discussions as wel
Frontline plc (the "Company" or "Frontline") (NYSE:FRO) today announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built in 2009 and 2010, for an aggregate net sale price of $290 million. The vessels are expected to be delivered to the new owner during the first quarter of 2024. After repayment of existing debt on the vessels, the transaction is expected to generate net cash proceeds of approximately $207 million, and the Company expects to record a gain in the first quarter of 2024 in the range of approximately $68 million to $76 million, depending on the date of delivery of each vessel to the new owner. The sale is subject to certain closing
Kepler downgraded Frontline from Buy to Hold and set a new price target of $15.83
BTIG Research upgraded Frontline from Neutral to Buy and set a new price target of $30.00
Jefferies upgraded Frontline from Hold to Buy and set a new price target of $30.00 from $22.00 previously