BMO Capital Reiterates Their Hold Rating on Antero Resources (AR)
In a report released today, Phillip Jungwirth from BMO Capital reiterated a Hold rating on Antero Resources (AR), with a price target of $10. The company’s shares opened today at $10.36, close to its 52-week low of $8.86.
According to TipRanks.com, Jungwirth is a 1-star analyst with an average return of -3.3% and a 40.5% success rate. Jungwirth covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Whiting Petroleum Corp, and Continental Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Antero Resources with a $17.13 average price target.
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The company has a one-year high of $22.69 and a one-year low of $8.86. Currently, Antero Resources has an average volume of 5.69M.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.
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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.