Antero Resources (NYSE:AR)‘s stock had its “buy” rating restated by stock analysts at Robert W. Baird in a research report issued on Wednesday, January 17th. They presently have a $28.00 price objective on the oil and natural gas company’s stock. Robert W. Baird’s target price indicates a potential upside of 60.37% from the stock’s previous close.
A number of other equities analysts have also weighed in on AR. Howard Weil lowered shares of Antero Resources from an “outperform” rating to a “sector perform” rating and set a $26.00 price objective on the stock. in a research report on Thursday, September 21st. BMO Capital Markets reiterated a “buy” rating on shares of Antero Resources in a research report on Friday, September 22nd. Boenning Scattergood lowered shares of Antero Resources from an “outperform” rating to a “sector perform” rating and set a $26.00 price objective on the stock. in a research report on Saturday, September 23rd. Stifel Nicolaus set a $21.00 price objective on shares of Antero Resources and gave the company a “hold” rating in a research report on Thursday, October 5th. Finally, Jefferies Group initiated coverage on shares of Antero Resources in a research report on Monday, October 9th. They issued a “hold” rating and a $21.00 price objective on the stock. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $25.28.
Antero Resources (NYSE:AR) traded up $0.35 during trading hours on Wednesday, reaching $17.46. 3,447,668 shares of the company were exchanged, compared to its average volume of 3,711,672. Antero Resources has a 1 year low of $16.31 and a 1 year high of $26.09. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock has a market cap of $5,400.47, a price-to-earnings ratio of -15.18, a price-to-earnings-growth ratio of 2.90 and a beta of 0.93.
In other Antero Resources news, insider K. Phil Yoo sold 10,865 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $19.25, for a total value of $209,151.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 9.20% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the company. Twin Tree Management LP acquired a new position in shares of Antero Resources during the 4th quarter worth $143,000. Toronto Dominion Bank raised its stake in shares of Antero Resources by 244.3% during the 3rd quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock worth $186,000 after buying an additional 6,617 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Antero Resources during the 4th quarter worth $191,000. Balasa Dinverno & Foltz LLC acquired a new position in shares of Antero Resources during the 3rd quarter worth $211,000. Finally, Linscomb & Williams Inc. acquired a new position in shares of Antero Resources during the 2nd quarter worth $220,000. 97.23% of the stock is owned by institutional investors and hedge funds.
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About Antero Resources
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.
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