Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Frontline (FRO) Stock Price
News articles about Frontline (NYSE:FRO) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Frontline earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 46.440539863454 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- OPEC’s Oil Cuts Claim a Victim as Supertanker Earnings Tumble (bloombergquint.com)
- Here’s Why Frontline Ltd.’s Stock Plunged 35% in 2017 (host.madison.com)
- Frontline Ltd. Forecasted to Earn Q1 2019 Earnings of $0.05 Per Share (FRO) (americanbankingnews.com)
- Seaport Global Securities Analysts Give Frontline (FRO) a $7.00 Price Target (americanbankingnews.com)
- Sitharaman OK’s Def deals worth over Rs 1,714 crore (dailypioneer.com)
A number of research firms have commented on FRO. Seaport Global Securities set a $7.00 price target on shares of Frontline and gave the stock a “buy” rating in a research report on Thursday, January 4th. Zacks Investment Research upgraded shares of Frontline from a “sell” rating to a “hold” rating in a research report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $5.67.
Frontline (NYSE:FRO) traded down $0.07 during mid-day trading on Tuesday, hitting $4.80. 650,821 shares of the company’s stock were exchanged, compared to its average volume of 979,200. Frontline has a one year low of $4.47 and a one year high of $7.34. The company has a market cap of $6,700.00, a P/E ratio of 30.00 and a beta of 1.88. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.47 and a quick ratio of 1.47.
Frontline Company Profile
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