Antero Resources (NYSE:AR) Price Target Raised to $35.00 at UBS Group

Antero Resources (NYSE:AR) had its target price raised by UBS Group from $31.00 to $35.00 in a research report report published on Monday,Benzinga reports. The firm currently has a neutral rating on the oil and natural gas company’s stock.

Several other research firms have also recently commented on AR. Roth Capital raised shares of Antero Resources to a “strong-buy” rating in a research note on Tuesday, August 27th. Raymond James raised their price objective on Antero Resources from $34.00 to $44.00 and gave the stock a “strong-buy” rating in a report on Thursday, November 21st. Mizuho dropped their target price on Antero Resources from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, September 16th. StockNews.com raised Antero Resources to a “sell” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company lowered their price target on Antero Resources from $25.00 to $24.00 and set an “underweight” rating for the company in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.06.

Antero Resources Trading Up 0.3 %

Antero Resources stock opened at $31.18 on Monday. The stock has a 50-day moving average price of $29.66 and a 200 day moving average price of $29.83. Antero Resources has a 52 week low of $20.10 and a 52 week high of $36.28. The stock has a market cap of $9.70 billion, a PE ratio of 222.71 and a beta of 3.42. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.

Institutional Trading of Antero Resources

A number of hedge funds and other institutional investors have recently modified their holdings of AR. UMB Bank n.a. grew its position in shares of Antero Resources by 357.3% during the third 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. True Wealth Design LLC bought a new position in Antero Resources during the 3rd quarter valued at $30,000. Capital Performance Advisors LLP acquired a new position in Antero Resources during the 3rd quarter worth $45,000. Mattson Financial Services LLC bought a new stake in shares of Antero Resources in the 2nd quarter worth about $64,000. Finally, Signaturefd LLC increased its position in shares of Antero Resources by 19.9% in the 3rd quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock worth $121,000 after purchasing an additional 702 shares during the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

About Antero Resources

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.