Citigroup analyst Robert S Morris maintained a Hold rating on Antero Resources (NYSE: AR) today and set a price target of $20. The company’s shares closed on Friday at $18.76.
According to TipRanks.com, Morris is a 4-star analyst with an average return of 8.8% and a 62.3% success rate. Morris covers the Basic Materials sector, focusing on stocks such as Continental Resources, Occidental Petroleum, and Southwestern Energy.
Antero Resources has an analyst consensus of Moderate Buy, with a price target consensus of $23.29.
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.
