Barclays Sticks to Their Hold Rating for Antero Resources (AR)
Barclays analyst Betty Jiang maintained a Hold rating on Antero Resources today and set a price target of $43.00.
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Jiang covers the Energy sector, focusing on stocks such as Diamondback, Exxon Mobil, and APA. According to TipRanks, Jiang has an average return of 4.6% and a 50.00% success rate on recommended stocks.
Antero Resources has an analyst consensus of Strong Buy, with a price target consensus of $48.69.
Based on Antero Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.43 billion and a net profit of $193.68 million. In comparison, last year the company earned a revenue of $1.15 billion and had a net profit of $106.99 million
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AR in relation to earlier this year. Last month, Sheri Pearce, the SVP – Accounting and Chief Accounting Officer of AR sold 19,667.00 shares for a total of $749,902.71.
Read More on AR:
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- “If Interest Rates Were Spiking, This Market Would Be Very Different,” Says Jim Cramer
- Antero Resources price target raised to $54 from $50 at Jefferies
- Improving Fundamentals but Fairly Valued: Rationale Behind Maintaining a Hold on Antero
- Antero Resources price target raised to $50 from $40 at BMO Capital
- Antero Resources price target raised to $53 from $39 at Citi
