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Frontline plc rated Strong Buy with 42% upside and 9.3% dividend yield amid strong tanker rates.

Analyst Insights
12 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Frontline plc, a leading crude oil tanker company, is rated a Strong Buy with a $52 price target, suggesting a 42% potential gain from current prices. The company has secured 82% of its VLCC tanker days at a high rate of $181,700 per day for Q2, supporting a quarterly dividend yield of 9.3%. Despite a large orderbook, tanker rates remain strong due to structural tightness expected through 2027. Risks include the possibility of a lasting peace deal that could lower rates and market volatility driven by headlines, so careful position sizing is advised.

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