Frontline stock price held stable at $22

Frontline stock price held stable at $22.95 despite broader energy sector weakness. Some equity research firms maintain a buy rating, projecting a 12-month target of $26.00 based on persistent tanker rate strength. Major indices recorded gains last month, with the S&P 500 gaining more than 3% in September, and the Dow adding almost 2%. The Nasdaq jumped 5.6% in September Frontline PLC extended its rally to a fourth consecutive day on Friday, jumping 7.46 percent to finish at $19.74 apiece as investors gobbled up shares in the company amid the ongoing geopolitical tensions between Israel and Iran. With Frontline stock price closing at $22.67, volume surged 15% above its 20-day average. This may indicate accumulation by institutional investors preparing for a possible dividend announcement later in the month.