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Frontline tankers rated Strong Buy with $67.50 target, EPS growth, and 47% dividend yield potential.

Company Fundamentals
06 Nov 2026, 17:31 WIB
Seeking Alpha
View Source
Bullish
Frontline tankers rated Strong Buy with $67.50 target, EPS growth, and 47% dividend yield potential.

Frontline plc, a leading crude oil tanker company, is rated a Strong Buy with a revised 12-month price target of $67.50, driven by historic tanker rates. The analyst projects earnings per share (EPS) of $3.12 for Q3 and $9.39 for Q4, with a total EPS of $12.51 in the second half of 2026 and a forward 12-month EPS of $21.89. Currently trading at $46.02, the stock is undervalued compared to both bullish and bearish targets and offers an implied dividend yield of 47% based on current payout practices. This outlook highlights strong potential returns for investors in the tanker shipping sector.

Frontline (FRO) shares trade at $45.20 on Pluang as of Nov 06, 2026 22:41 WIB, up 1.11% for the day but still below the 52-week high of $59.19. The current dividend yield on Pluang is 12.04%, considerably lower than the article's implied 47% yield based on payout practices. This positions Frontline as a stock with notable upside potential within its 52-week range, reflecting ongoing investor interest in the tanker shipping sector.

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