Antero Resources Corporation (AR) : 10 brokerage houses believe that Antero Resources Corporation (AR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Antero Resources Corporation (AR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 1.9.
Antero Resources Corporation (AR) : The consensus price target for Antero Resources Corporation (AR) is $32.41 for the short term with a standard deviation of $3.86. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $26.
Antero Resources Corporation has dropped 1.3% in the last five trading days, however, the shares have posted positive gains of 4.77% in the last 4 weeks. Antero Resources Corporation has dropped 0.07% during the last 3-month period . Year-to-Date the stock performance stands at 24.95%. Antero Resources Corporation (NYSE:AR): stock turned positive on Tuesday. Though the stock opened at $26.85, the bulls momentum made the stock top out at $27.53 level for the day. The stock recorded a low of $26.64 and closed the trading day at $27.24, in the green by 1.04%. The total traded volume for the day was 2,080,778. The stock had closed at $26.96 in the previous days trading.
Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin, as well as gathering and compression operations through its consolidated subsidiary, Antero Midstream Partners LP. The Company operates in four industry segments: the exploration, development and production of natural gas, NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.