BMO Capital analyst Phillip Jungwirth reiterated a Buy rating on Antero Resources (NYSE: AR) today and set a price target of $21. The company’s shares closed yesterday at $18.72.
According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 7.4% and a 58.0% success rate. Jungwirth covers the Basic Materials sector, focusing on stocks such as HighPoint Resources Corporation, Whiting Petroleum Corp, and Occidental Petroleum.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Antero Resources with a $24 average price target, implying a 28.2% upside from current levels. In a report issued on August 2, TD Securities also reiterated a Buy rating on the stock with a $25 price target.
.
See today’s analyst top recommended stocks >>
Based on Antero Resources’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $136 million. In comparison, last year the company had a GAAP net loss of $5.13 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Antero Resources Corp. is an independent oil and natural gas company, which engages in the exploration, development and acquisition of unconventional oil and liquids-rich natural gas properties located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania.
