Shares of Antero Resources Corporation (NYSE:AR – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-one research firms that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $48.5294.
Several equities research analysts recently issued reports on AR shares. Bank of America boosted their price target on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Roth Capital reaffirmed a “neutral” rating and issued a $38.00 price objective on shares of Antero Resources in a report on Thursday, April 30th. Mizuho upped their target price on Antero Resources from $54.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Williams Trading set a $56.00 target price on Antero Resources in a report on Monday, April 20th. Finally, Citigroup decreased their price target on Antero Resources from $53.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday.
View Our Latest Analysis on Antero Resources
Antero Resources Stock Performance
Institutional Trading of Antero Resources
A number of institutional investors and hedge funds have recently made changes to their positions in AR. Eastern Bank bought a new position in Antero Resources in the second quarter valued at approximately $26,000. Sunbelt Securities Inc. bought a new position in Antero Resources in the third quarter valued at about $30,000. IFP Advisors Inc raised its stake in Antero Resources by 59.2% during the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock worth $31,000 after acquiring an additional 345 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Antero Resources in the fourth quarter worth about $41,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Antero Resources in the 4th quarter valued at approximately $44,000. Institutional investors own 83.04% of the company’s stock.
About Antero Resources
Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.
Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.
Further Reading
- Five stocks we like better than Antero Resources
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Antero Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Resources and related companies with MarketBeat.com's FREE daily email newsletter.
