GMP Securities disclosed Antero Resources (NYSE:AR), hiking its price target to $29.00 earlier today
- Updated: September 27, 2016
Boasting a price of $25.68, Antero Resources (NYSE:AR) traded 0.00% even on the day. With the last stock price close down -4.03% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Antero Resources has recorded a 50-day average of $26.75 and a two hundred day average of $26.76. Volume of trade was down over the average, with 100 shares of AR changing hands under the typical 3,162,310
Reporting a possible upside of 0.13%, GMP Securities increased the stock price target of Antero Resources (NYSE:AR) to $29.00
With a total market value of $0, Antero Resources has price-earnings ratio of 79.26 with a one year low of $18.50 and a one year high of $30.66 .
A total of 28 equity analysts have released a ratings update on AR. Four equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $29.67.
Brief Synopsis About Antero Resources (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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