Blurbs

Analysts Offer Insights on Industrial Goods Companies: Frontline (FRO) and EasyJet (OtherEJTTF)

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)

In a report released today, Omar Nokta from Jefferies maintained a Buy rating on Frontline, with 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, representing a 34.5% upside. In a report issued on November 23, Kepler Capital also maintained a Buy rating on the stock with a NOK199.00 price target.

See the top stocks recommended by analysts >>

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.

The word on The Street in general, suggests a Hold analyst consensus rating for EasyJet with a $5.69 average price target, representing a 18.5% upside. 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.

Read More on FRO:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More