Is Frontline Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: FRO) stock is to Buy FRO stock.
Out of 2 analysts, 1 (50%) are recommending FRO as a Strong Buy, 0 (0%) are recommending FRO as a Buy, 1 (50%) are recommending FRO as a Hold, 0 (0%) are recommending FRO as a Sell, and 0 (0%) are recommending FRO as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year FRO price target, the average FRO price target is $20.50, with the highest FRO stock price forecast at $22.00 and the lowest FRO stock price forecast at $19.00.
On average, Wall Street analysts predict that Frontline's share price could reach $20.50 by Mar 6, 2024. The average Frontline stock price prediction forecasts a potential upside of 23.79% from the current FRO share price of $16.56.
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