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Equities research analysts at Jefferies Group upped their price objective on shares of Frontline (NASDAQ:FRO.L) from $2.50 to $4.00 in a research note issued to investors on Friday, AnalystRatingsNetwork reports. The firm currently has a “hold” rating on the stock.

Shares of Frontline (NASDAQ:FRO.L) traded down 11.26% on Friday, hitting $261.78. 1,250 shares of the company’s stock traded hands. Frontline has a one year low of $75.00 and a one year high of $165.00. The stock’s 50-day moving average is $253.3 and its 200-day moving average is $181.8. The company’s market cap is $206.4 million.

Frontline (NASDAQ:FRO.L) last announced its earnings results on Wednesday, November 27th. The company reported ($0.46) earnings per share for the quarter. During the same quarter last year, the company posted ($0.63) earnings per share.

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