Antero Resources Corp (NYSE:AR) had its price objective lifted by research analysts at Barclays from $26.00 to $28.00 in a report released on Thursday, StockTargetPrices.com reports. The brokerage presently has an “overweight” rating on the stock. Barclays’ price objective would indicate a potential upside of 9.80% from the company’s previous close.

Shares of Antero Resources Corp (NYSE:AR) traded up 3.45% during mid-day trading on Thursday, reaching $26.38. The company had a trading volume of 1,495,418 shares. The stock has a 50 day moving average of $21.58 and a 200-day moving average of $23.76. The firm has a market capitalization of $7.31 billion and a price-to-earnings ratio of 5.13. Antero Resources Corp has a one year low of $18.50 and a one year high of $46.06.

Antero Resources Corp (NYSE:AR) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $570.20 million for the quarter, compared to analyst estimates of $557.93 million. The company’s revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. Equities analysts predict that Antero Resources Corp will post $0.49 EPS for the current year.

Other research analysts have also recently issued research reports about the stock. Oppenheimer reissued an “outperform” rating and set a $47.00 price target on shares of Antero Resources Corp in a research report on Monday, November 2nd. BMO Capital Markets decreased their target price on shares of Antero Resources Corp from $35.00 to $33.00 in a research report on Monday, November 2nd. Susquehanna decreased their target price on shares of Antero Resources Corp from $25.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, December 3rd. Deutsche Bank reaffirmed a “hold” rating and issued a $23.00 target price (down previously from $27.00) on shares of Antero Resources Corp in a research report on Wednesday, December 9th. Finally, Jefferies Group upped their target price on shares of Antero Resources Corp from $30.00 to $34.00 and gave the company an “underperform” rating in a research report on Monday, November 2nd. Two analysts have rated the stock with a sell rating, nine have given a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $34.40.

In other news, VP Ward D. Mcneilly sold 9,312 shares of the stock in a transaction that occurred on Wednesday, December 2nd. The stock was sold at an average price of $20.56, for a total value of $191,454.72. Following the completion of the sale, the vice president now directly owns 261,680 shares of the company’s stock, valued at $5,380,140.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ward D. Mcneilly sold 14,000 shares of the stock in a transaction that occurred on Thursday, December 10th. The shares were sold at an average price of $19.51, for a total value of $273,140.00. Following the completion of the sale, the vice president now directly owns 247,680 shares of the company’s stock, valued at $4,832,236.80. The disclosure for this sale can be found here.

Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NYSE:AR) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin, as well as gathering and compression operations through its consolidated subsidiary, Antero Midstream Partners LP. The Company operates in four industry segments: the exploration, development and production of natural gas, NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.

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