Antero Resources Corporation (NYSE:AR) has been given a $25.00 target price by equities researchers at Cowen and Company in a research report issued on Wednesday. The brokerage currently has a “hold” rating on the oil and natural gas company’s stock. Cowen and Company’s price objective would suggest a potential upside of 27.62% from the company’s current price.

AR has been the subject of a number of other research reports. ValuEngine cut Antero Resources Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. KeyCorp reaffirmed a “buy” rating and set a $33.00 price objective on shares of Antero Resources Corporation in a research note on Sunday, September 3rd. Zacks Investment Research raised Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research note on Tuesday, July 11th. Scotiabank reaffirmed a “buy” rating and set a $27.00 price objective on shares of Antero Resources Corporation in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus set a $21.00 price objective on Antero Resources Corporation and gave the company a “hold” rating in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $28.42.

Shares of Antero Resources Corporation (AR) traded down 0.66% during midday trading on Wednesday, reaching $19.59. 1,987,071 shares of the company’s stock traded hands. Antero Resources Corporation has a 52 week low of $18.23 and a 52 week high of $28.10. The stock’s 50 day moving average is $20.08 and its 200-day moving average is $20.75. The company has a market capitalization of $6.18 billion, a PE ratio of 455.58 and a beta of 0.96.

Antero Resources Corporation (NYSE:AR) last announced its quarterly earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. The firm had revenue of $736.00 million during the quarter, compared to analysts’ expectations of $778.55 million. During the same quarter in the prior year, the business earned $0.14 EPS. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, analysts forecast that Antero Resources Corporation will post $0.32 earnings per share for the current fiscal year.

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In other news, insider K. Phil Yoo sold 3,785 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $20.55, for a total value of $77,781.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 9.20% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Antero Resources Corporation by 6.5% in the 2nd quarter. Vanguard Group Inc. now owns 17,760,019 shares of the oil and natural gas company’s stock worth $383,794,000 after purchasing an additional 1,091,065 shares during the period. BlackRock Inc. raised its holdings in shares of Antero Resources Corporation by 18.7% in the 2nd quarter. BlackRock Inc. now owns 10,146,431 shares of the oil and natural gas company’s stock worth $219,264,000 after purchasing an additional 1,595,558 shares during the period. Sound Shore Management Inc. CT raised its holdings in shares of Antero Resources Corporation by 22.0% in the 2nd quarter. Sound Shore Management Inc. CT now owns 9,406,400 shares of the oil and natural gas company’s stock worth $203,272,000 after purchasing an additional 1,697,858 shares during the period. State Street Corp raised its holdings in shares of Antero Resources Corporation by 13.6% in the 2nd quarter. State Street Corp now owns 8,187,581 shares of the oil and natural gas company’s stock worth $176,939,000 after purchasing an additional 978,883 shares during the period. Finally, Thompson Siegel & Walmsley LLC raised its holdings in shares of Antero Resources Corporation by 19.7% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 6,671,696 shares of the oil and natural gas company’s stock worth $144,176,000 after purchasing an additional 1,096,317 shares during the period. Institutional investors own 93.59% of the company’s stock.

Antero Resources Corporation Company Profile

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.

Analyst Recommendations for Antero Resources Corporation (NYSE:AR)

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