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Analysts Are Bullish on These Industrial Goods Stocks: Frontline (FRO), EasyJet (EJTTF)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Frontline (FROResearch Report) and EasyJet (EJTTFResearch Report) with bullish sentiments.

Frontline (FRO)

Jefferies analyst Omar Nokta maintained a Buy rating on Frontline today and set a price target of $17.00. The company’s shares closed last Monday at $12.97.

According to TipRanks.com, Nokta is a 5-star analyst with an average return of 19.0% and a 64.4% success rate. Nokta covers the Industrial Goods sector, focusing on stocks such as ZIM Integrated Shipping Services, Nordic American Tanker, and International Seaways.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Frontline with a $18.03 average price target, implying a 34.5% upside from current levels. In a report issued on November 23, Kepler Capital also maintained a Buy rating on the stock with a NOK199.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

EasyJet (EJTTF)

UBS analyst Jarrod Castle maintained a Buy rating on EasyJet today and set a price target of £5.65. The company’s shares closed last Wednesday at $4.53.

Castle has an average return of 19.0% when recommending EasyJet.

According to TipRanks.com, Castle is ranked #3629 out of 8141 analysts.

EasyJet has an analyst consensus of Hold, with a price target consensus of $5.69, implying a 18.5% upside from current levels. In a report released today, Goldman Sachs also maintained a Buy rating on the stock with a £6.06 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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