Antero Resources Corp Stock Rating Upgraded by KLR Group (AR)
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays cut their price target on shares of Antero Resources Corp from $71.00 to $68.00 in a research note on Friday, August 8th. Finally, analysts at FBR Capital Markets initiated coverage on shares of Antero Resources Corp in a research note on Wednesday, July 16th. They set a “market perform” rating and a $65.00 price target on the stock. Six research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $70.93.
Antero Resources Corp (NYSE:AR) opened at 57.48 on Wednesday. Antero Resources Corp has a 1-year low of $51.56 and a 1-year high of $68.43. The stock has a 50-day moving average of $58.38 and a 200-day moving average of $61.43. The company’s market cap is $15.063 billion.
Antero Resources Corp (NYSE:AR) last announced its earnings results on Wednesday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.08. The company had revenue of $387.14 million for the quarter, compared to the consensus estimate of $457.30 million. The company’s revenue for the quarter was up 111.9% on a year-over-year basis. On average, analysts predict that Antero Resources Corp will post $1.52 earnings per share for the current fiscal year.
Antero Resources Corporation is an independent oil and natural gas company engaged in the exploitation, development and acquisition of natural gas, NGLs and oil properties located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania.
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