UBS Group Issues Positive Forecast for Antero Resources (NYSE:AR) Stock Price

Antero Resources (NYSE:AR - Free Report) had its price objective raised by UBS Group from $31.00 to $35.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a neutral rating on the oil and natural gas company's stock.

AR has been the topic of several other reports. Bank of America initiated coverage on Antero Resources in a research note on Monday, October 28th. They set a "buy" rating and a $36.00 target price on the stock. Raymond James upped their price objective on shares of Antero Resources from $34.00 to $44.00 and gave the company a "strong-buy" rating in a report on Thursday, November 21st. Roth Mkm started coverage on shares of Antero Resources in a research note on Tuesday, August 27th. They issued a "buy" rating and a $32.00 target price for the company. BMO Capital Markets upped their price target on shares of Antero Resources from $33.00 to $34.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Finally, Mizuho decreased their price target on shares of Antero Resources from $37.00 to $35.00 and set a "neutral" rating for the company in a report on Monday, September 16th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $34.06.

Antero Resources Stock Down 0.4 %

NYSE:AR traded down $0.14 during midday trading on Monday, reaching $31.05. 2,629,651 shares of the stock traded hands, compared to its average volume of 4,069,461. The business has a 50-day moving average of $29.66 and a two-hundred day moving average of $29.83. 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 12-month low of $20.10 and a 12-month high of $36.28. The stock has a market capitalization of $9.66 billion, a PE ratio of 222.71 and a beta of 3.42.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cetera Advisors LLC purchased a new position in shares of Antero Resources during the 1st quarter valued at approximately $247,000. CWM LLC raised its position in shares of Antero Resources by 242.7% in the second quarter. CWM LLC now owns 9,177 shares of the oil and natural gas company's stock worth $299,000 after acquiring an additional 6,499 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Antero Resources during the 2nd quarter worth about $210,000. Diversified Trust Co acquired a new stake in shares of Antero Resources during the 2nd quarter valued at about $1,154,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Antero Resources by 21.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,254 shares of the oil and natural gas company's stock valued at $400,000 after purchasing an additional 2,133 shares in the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

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.