Robert W. Baird analyst Joseph Allman reiterated a Buy rating on Antero Resources (AR) yesterday and set a price target of $15. The company’s shares closed yesterday at $9.04, close to its 52-week low of $8.53.
According to TipRanks.com, Allman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -11.5% and a 26.6% success rate. Allman covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Whiting Petroleum Corp, and Continental Resources.
Currently, the analyst consensus on Antero Resources is a Moderate Buy with an average price target of $14.38, which is a 59.1% upside from current levels. In a report issued on February 8, Susquehanna also reiterated a Buy rating on the stock with a $11 price target.
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The company has a one-year high of $22.69 and a one-year low of $8.53. Currently, Antero Resources has an average volume of 5.6M.
Based on the recent corporate insider activity of 55 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.
