Jefferies Reiterates a Hold Rating on Antero Resources (AR)


Jefferies analyst Mark Lear reiterated a Hold rating on Antero Resources (AR) today and set a price target of $10. The company’s shares closed yesterday at $10.31, close to its 52-week low of $8.86.

According to TipRanks.com, Lear is ranked 0 out of 5 stars with an average return of -11.3% and a 27.1% success rate. Lear covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Jagged Peak Energy Inc, and Continental Resources.

The word on The Street in general, suggests a Hold analyst consensus rating for Antero Resources with a $14.71 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 5.82M.

Based on the recent corporate insider activity of 58 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.

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