Antero Resources (AR) Gets a Hold from Barclays

Barclays analyst Betty Jiang maintained a Hold rating on Antero Resources on March 13 and set a price target of $43.00. The company’s shares closed last Friday at $40.99.

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According to TipRanks, Jiang is a 4-star analyst with an average return of 5.2% and a 54.55% success rate. Jiang covers the Energy sector, focusing on stocks such as Coterra Energy, Chevron, and Devon Energy.

Antero Resources has an analyst consensus of Strong Buy, with a price target consensus of $44.73, implying a 9.12% upside from current levels. In a report released on March 3, TipRanks – xAI also reiterated a Hold rating on the stock with a $40.00 price target.

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 61 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. Earlier this month, Sheri Pearce, the SVP – Accounting and Chief Accounting Officer of AR sold 19,667.00 shares for a total of $749,902.71.