Analyst Rating Update on Antero Resources Corporation (AR)

Antero Resources Corporation (AR) has an average broker rating of 1.95, which is interpreted as a Buy, as rated by 21 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.

Antero Resources Corporation (AR) : The consensus price target for Antero Resources Corporation (AR) is $32.21 for the short term with a standard deviation of $3.85. The most optimist securities analyst among the 19 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $26.

For the current week, the company shares have a recommendation consensus of Buy. Also, Baird upgrades their rating on the shares of Antero Resources Corporation (NYSE:AR). The current rating of the shares is Outperform. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on July 21, 2016.


Antero Resources Corporation (NYSE:AR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.31 and $26.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.20, notching a gain of 4.45% for the day. The total traded volume was 4,193,941 . The stock had closed at $26.04 on the previous day.

Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin, as well as gathering and compression operations through its consolidated subsidiary, Antero Midstream Partners LP. The Company operates in four industry segments: the exploration, development and production of natural gas, NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.

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