-
Wells Fargo Downgrades Frontline To Market Perform
Friday, June 3, 2011 - 7:18am | 20Read More...Wells Fargo has downgraded Frontline (NYSE: FRO) from Outperform to Market Perform.
-
Morgan Stanley PT Changes For 5/27
Friday, May 27, 2011 - 9:07am | 56Read More...Morgan Stanley has changed the price target on the following companies: Tiffany & Co. (NYSE: TIF) from $70 to $81, Overweight Frontline (NYSE: FRO) from o$21 to $17, Equal Weight Costamare (NYSE: CMRE) from $19 to $22, Overweight
-
Frontline Posts 2Q Earnings Outperform
Monday, August 30, 2010 - 11:45am | 122Read More...Frontline Ltd. (NYSE: FRO) posted strong 2q results and is issuing a $0.75 dividend, Dahlman Rose reports, and though the summer tanker market was weak and could pressure 3Q2010, Frontline is believed to be well positioned to outperform its large fleet tanker competitors. 2Q EPS were $0.92, above...
-
Frontline: Strong 2Q But Weaker 3Q Expected
Monday, August 30, 2010 - 11:26am | 118Read More...Frontline Ltd. (NYSE: FRO) reported 2Q EPS of $0.92 (excluding a $0.12 gain from sale) ahead of consensus of $0.67 and Oppenheimer's estimate of $0.80, primarily driven by lower operating/charter hire expenses, according to Oppenheimer. Frontline also declared a $0.75/share dividend, in-line with...
-
S&P Upgrade Frontline (FRO) to Hold From Sell
Friday, August 27, 2010 - 11:08am | 164Read More...S&P Raised Frontline Ltd. (NYSE: FRO) to Hold From Sell, yesterday afternoon. They raised the target price to $30 from $25. The upgrade was based on the 16% sell-off since June. FRO reported 1st quarter 2010 earnings of $0.90 per share on May 21, 2010. This beat the $0.70 consensus of the 10...
