Antero Resources (NYSE:AR) Rating Increased to Sell at StockNews.com

Antero Resources (NYSE:AR) was upgraded by equities research analysts at StockNews.com to a “sell” rating in a research report issued to clients and investors on Thursday.

A number of other research analysts also recently weighed in on the company. Citigroup lifted their price target on Antero Resources from $29.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Raymond James upped their target price on Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a report on Thursday, November 21st. BMO Capital Markets raised their price target on shares of Antero Resources from $33.00 to $34.00 and gave the stock a “market perform” rating in a report on Friday, October 4th. Bank of America began coverage on shares of Antero Resources in a research note on Monday, October 28th. They issued a “buy” rating and a $36.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of Antero Resources from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $36.35.

Antero Resources Trading Up 4.3 %

NYSE AR opened at $40.25 on Thursday. The firm’s 50 day moving average price is $32.96 and its two-hundred day moving average price is $29.91. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. Antero Resources has a twelve month low of $20.56 and a twelve month high of $40.53. The stock has a market cap of $12.52 billion, a price-to-earnings ratio of 287.50 and a beta of 3.37.

Hedge Funds Weigh In On Antero Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. HB Wealth Management LLC acquired a new position in Antero Resources in the fourth quarter worth about $203,000. Hennessy Advisors Inc. raised its holdings in shares of Antero Resources by 4.3% in the 4th quarter. Hennessy Advisors Inc. now owns 24,200 shares of the oil and natural gas company’s stock worth $848,000 after buying an additional 1,000 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of Antero Resources in the 4th quarter worth approximately $28,000. Capital CS Group LLC bought a new position in shares of Antero Resources during the 4th quarter worth approximately $615,000. Finally, Wedmont Private Capital boosted its stake in Antero Resources by 28.5% in the 4th quarter. Wedmont Private Capital now owns 21,716 shares of the oil and natural gas company’s stock valued at $832,000 after buying an additional 4,810 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.