The stock has witnessed two upward estimate revisions in the past 60 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for Frontline. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Frontline sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Investors interested in the trans-ship industry may also consider Danaos Corporation (DAC), carrying the same rank as Frontline.
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