Frontline shares plunged after a disappointing third-quarter report on Wednesday.
However, several analysts recommend buying the stock in fresh notes.
After the fall, the John Fredriksen-backed tanker company is the “cheapest it has been in years”, according to Fearnley Securities.
“With [the] cat out of the bag, and pricing coming down, ‘peak negativity’ should not be far away, we believe,” analyst Fredrik Dybwad said.
