Antero Resources (NYSE:AR) Upgraded at StockNews.com

StockNews.com upgraded shares of Antero Resources (NYSE:AR) to a sell rating in a research report report published on Friday morning.

A number of other equities research analysts have also recently commented on AR. Raymond James increased their target price on shares of Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a research report on Thursday, November 21st. Bank of America initiated coverage on shares of Antero Resources in a research note on Monday, October 28th. They issued a “buy” rating and a $36.00 target price on the stock. Citigroup increased 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. UBS Group boosted their price objective on Antero Resources from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Morgan Stanley dropped their target price on Antero Resources from $39.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.78.

Antero Resources Stock Down 1.8 %

Shares of AR opened at $34.94 on Friday. The stock has a 50 day moving average price of $31.45 and a 200 day moving average price of $29.68. Antero Resources has a one year low of $20.56 and a one year high of $36.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 249.57 and a beta of 3.37.

Institutional Investors Weigh In On Antero Resources

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC grew its position in Antero Resources by 15.8% in the 4th quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company’s stock valued at $107,000 after acquiring an additional 418 shares in the last quarter. Icon Wealth Advisors LLC boosted its stake in shares of Antero Resources by 5.8% in the third quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company’s stock valued at $242,000 after purchasing an additional 460 shares during the period. Chickasaw Capital Management LLC grew its holdings in shares of Antero Resources by 5.5% in the third quarter. Chickasaw Capital Management LLC now owns 9,540 shares of the oil and natural gas company’s stock valued at $273,000 after purchasing an additional 500 shares in the last quarter. Wedmont Private Capital increased its stake in Antero Resources by 4.2% during the 3rd quarter. Wedmont Private Capital now owns 16,906 shares of the oil and natural gas company’s stock worth $505,000 after buying an additional 681 shares during the period. Finally, UMB Bank n.a. lifted its holdings in Antero Resources by 357.3% during the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock worth $25,000 after buying an additional 686 shares in the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

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.