Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Frontline plc (NYSE: FRO) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Frontline plc (NYSE: FRO) stock rose slightly by 0.1% on 11/22/24. The stock closed at $19.55. However, trading volume in this advance was below average at 67% of normal. The stock has been weak relative to the market over the last nine months and has declined -1.2% during the last week.
Current PriceTarget Research Rating
Frontline plc has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Frontline plc has a very high Appreciation Score of 87 but a neutral Power Rating of 42, resulting in the Positive Value Trend Rating.
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