Antero Resources Corporation (NYSE:AR) Given a $25.00 Price Target by Cowen and Company Analysts

Cowen and Company set a $25.00 price objective on Antero Resources Corporation (NYSE:AR) in a research report sent to investors on Wednesday, October 18th. The firm currently has a hold rating on the oil and natural gas company’s stock.

A number of other brokerages have also recently commented on AR. KeyCorp restated a buy rating and set a $33.00 price target on shares of Antero Resources Corporation in a research note on Sunday, September 3rd. Scotiabank set a $27.00 price target on shares of Antero Resources Corporation and gave the stock a buy rating in a research note on Saturday, July 1st. Robert W. Baird restated a buy rating and set a $38.00 price target on shares of Antero Resources Corporation in a research note on Sunday, September 10th. Citigroup Inc. cut their price target on shares of Antero Resources Corporation from $34.00 to $27.00 and set a buy rating for the company in a research note on Friday, July 21st. Finally, ValuEngine cut shares of Antero Resources Corporation from a hold rating to a sell rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Buy and a consensus target price of $27.74.

Antero Resources Corporation (NYSE:AR) traded up $0.85 during midday trading on Wednesday, hitting $20.09. 3,619,151 shares of the company traded hands, compared to its average volume of 3,101,217. The company has a market capitalization of $6,072.77, a PE ratio of 101.26 and a beta of 0.95. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. Antero Resources Corporation has a twelve month low of $17.89 and a twelve month high of $27.23.

Antero Resources Corporation (NYSE:AR) last announced its quarterly earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The business had revenue of $775.30 million for the quarter, compared to the consensus estimate of $798.88 million. Antero Resources Corporation had a positive return on equity of 0.78% and a negative net margin of 12.82%. During the same quarter in the prior year, the business earned $0.18 EPS. sell-side analysts predict that Antero Resources Corporation will post -0.02 earnings per share for the current year.

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A number of hedge funds have recently made changes to their positions in AR. BlackRock Inc. boosted its stake in Antero Resources Corporation by 2,440.4% in the first quarter. BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company’s stock valued at $195,044,000 after acquiring an additional 8,214,276 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Antero Resources Corporation by 15,715.7% in the second quarter. Janus Henderson Group PLC now owns 2,916,259 shares of the oil and natural gas company’s stock valued at $63,020,000 after acquiring an additional 2,897,820 shares during the last quarter. Sound Shore Management Inc. CT boosted its stake in Antero Resources Corporation by 22.0% in the second quarter. Sound Shore Management Inc. CT now owns 9,406,400 shares of the oil and natural gas company’s stock valued at $203,272,000 after acquiring an additional 1,697,858 shares during the last quarter. State Street Corp boosted its stake in Antero Resources Corporation by 21.4% in the first quarter. State Street Corp now owns 7,208,698 shares of the oil and natural gas company’s stock valued at $164,429,000 after acquiring an additional 1,271,005 shares during the last quarter. Finally, Caymus Capital Partners L.P. boosted its stake in Antero Resources Corporation by 34.5% in the second quarter. Caymus Capital Partners L.P. now owns 4,369,500 shares of the oil and natural gas company’s stock valued at $94,425,000 after acquiring an additional 1,121,300 shares during the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

About Antero Resources Corporation

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Analyst Recommendations for Antero Resources Corporation (NYSE:AR)

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