Frontline Ltd. (NYSE:FRO) Sees Positive Analyst Sentiment Amidst Industry Tailwinds
The consensus price target for Frontline Ltd. (NYSE:FRO) has increased from $21.16 to $26 over the past year, indicating a more optimistic outlook from analysts.Frontline's strong fundamentals and the favorable macro trends in the oil shipping industry are key drivers of its growth prospects.Increased political pushback against sanctioned crude provides additional tailwinds for Frontline, potentially boosting its earnings.Frontline Ltd. (NYSE:FRO) is a key player in the global seaborne transportation indust ...