Antero Resources (NYSE:AR) Stock Price Expected to Rise, UBS Group Analyst Says

Antero Resources (NYSE:AR) had its price objective boosted by UBS Group from $31.00 to $35.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the oil and natural gas company’s stock. UBS Group’s price objective would suggest a potential upside of 12.72% from the company’s current price.

A number of other equities research analysts also recently weighed in on AR. Morgan Stanley reduced their target price on Antero Resources from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, September 16th. Citigroup raised their target price on Antero Resources from $29.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, December 6th. StockNews.com raised Antero Resources to a “sell” rating in a report on Friday, November 1st. Barclays reduced their target price on Antero Resources from $32.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. Finally, Roth Mkm started coverage on Antero Resources in a report on Tuesday, August 27th. They set a “buy” rating and a $32.00 price objective on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.06.

Antero Resources Trading Down 0.4 %

Shares of NYSE:AR opened at $31.05 on Monday. The company has a market capitalization of $9.66 billion, a P/E ratio of 221.79 and a beta of 3.42. Antero Resources has a 1 year low of $20.10 and a 1 year high of $36.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The business’s 50 day simple moving average is $29.71 and its 200 day simple moving average is $29.82.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cetera Advisors LLC bought a new position in shares of Antero Resources in the 1st quarter worth about $247,000. CWM LLC raised its position in shares of Antero Resources by 242.7% in the 2nd quarter. CWM LLC now owns 9,177 shares of the oil and natural gas company’s stock worth $299,000 after acquiring an additional 6,499 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Antero Resources in the 2nd quarter worth about $210,000. Diversified Trust Co bought a new position in shares of Antero Resources in the 2nd quarter worth about $1,154,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Antero Resources by 21.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,254 shares of the oil and natural gas company’s stock worth $400,000 after acquiring an additional 2,133 shares in the last quarter. 83.04% of the stock is owned by institutional investors.

Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.