In a report released today, Aaron Bilkoski from TD Securities reiterated a Buy rating on Antero Resources (NYSE: AR), with a price target of $25. The company’s shares opened today at $19.26.
According to TipRanks.com, Bilkoski has 0 stars on 0-5 star ranking scale with an average return of -7.8% and a 43.6% success rate. Bilkoski covers the Basic Materials sector, focusing on stocks such as Range Resources Corp, Cabot Oil & Gas, and Viper Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Antero Resources with a $24.67 average price target.
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Based on Antero Resources’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $14.83 million. In comparison, last year the company had a GAAP net loss of $5.13 million.
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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.
