Analysts forecast NAT stock price could rise 8% over the next month if global ton-mile demand stays elevated, supported by macro trends in seaborne crude trade. In its latest quarter ending March 31, 2021, Frontline’s net income declined 82% and its revenue fell 53%. That decline put pressure on the company’s share price and was partly due to oil production cuts by Russia, Saudi Arabia and the OPEC nations. Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks. The NAT stock price is reacting to global freight market news, as Middle East tensions have increased tanker route premiums. Traders see potential upside backed by geopolitical risk pricing.
