A report released today by Zacks Investment Research about Antero Resources Corp (NYSE:AR) ups the target price to $31.00
- Updated: October 11, 2016
Indicating a possible upside of 0.14%, Zacks Investment Research increased the target price of Antero Resources Corp (NYSE:AR) to $31.00
Previously on 9/28/2016, GMP Securities reported about Antero Resources Corp (NYSE:AR) raised the target price from $0.00 to $29.00. At the time, this indicated a possible upside of 0.13%.
Yesterday Antero Resources Corp (NYSE:AR) traded -2.02% lower at $27.22. The company’s 50-day moving average is $26.74 and its 200-day moving average is $26.91. The last stock close price is up 1.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,741,489 shares of the stock were exchanged, down from an average trading volume of 3,124,360
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Antero Resources Corp has a 52 week low of $18.50 and a 52 week high of $30.66 with a price-earnings ratio of 84.01 AR’s total market value is presently $0.
A total of 28 analysts have released a report on Antero Resources Corp. Four analysts rating the company a strong buy, nine analysts rating the company a buy, fourteen analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $29.67.
More About Antero Resources Corp (NYSE:AR)
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 compression; water handling and treatment, and marketing of excess firm transportation capacity. The Company's exploration and development activities are supported by the natural gas gathering and compression assets of its subsidiary, Antero Midstream Partners LP (Antero Midstream), as well as by third-party gathering, compression, processing and transportation arrangements. The Company owns over two independent fresh water distribution systems that distribute fresh water from the Ohio River and several regional water sources for well completion operations in the Marcellus and Utica Shales.
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