Frontline(US:FRO) Financial Modeling Prep·2025-11-21 02:00Core Viewpoint - Frontline Ltd. has shown a significant increase in its stock price target, reflecting a more optimistic outlook from analysts due to strong fundamentals and favorable macro trends in the oil shipping industry [2][3][6]. Company Overview - Frontline Ltd. is a major player in the global seaborne transportation industry, focusing on crude oil and oil products, with a fleet of 70 vessels as of the end of 2021 [1]. Price Target Trends - The consensus price target for Frontline's stock has increased from $21.16 to $26 over the past year, indicating a stable short-term outlook and no major shifts in analysts' expectations over the last three months [2][3][6]. - The average price target remained at $26 in the last quarter, suggesting consistency in market perceptions [2]. Analyst Insights - Analysts have become more optimistic about Frontline's prospects, with Evercore ISI's Jonathan Chappell highlighting a price target of $25 that aligns with positive trends in the shipping industry [3]. Growth Prospects - Frontline's strong fundamentals, including maintained profitability and rising dividends, support its growth prospects [4]. - Favorable macro trends in the oil shipping industry, along with increased political pushback against sanctioned crude, provide additional tailwinds that could boost Frontline's earnings [4][6]. Investor Considerations - Changes in the consensus price target offer valuable insights into market perceptions of Frontline's future performance, making it crucial for investors to monitor company news related to stock target prices and earnings [5].