Truist Financial Sticks to Their Hold Rating for Antero Resources (AR)

Truist Financial analyst Bertrand Donnes maintained a Hold rating on Antero Resources (AR – Research Report) today. The company’s shares closed yesterday at $31.44.

According to TipRanks, Donnes is a 4-star analyst with an average return of 19.2% and an 89.66% success rate. Donnes covers the Energy sector, focusing on stocks such as EQT, CNX Resources, and Antero Resources.

Antero Resources has an analyst consensus of Moderate Buy, with a price target consensus of $31.60, implying a 0.51% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $32.00 price target.

AR market cap is currently $9.42B and has a P/E ratio of 40.22.

Based on the recent corporate insider activity of 57 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.

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Antero Resources (AR) Company Description:

Antero Resources Corp. is an independent oil and natural gas company. It engages in the exploration, development, and production of natural gas, NGLs, and oil. The firm focuses on marketing and utilization of excess firm transportation capacity, and equity method investment in Antero Midstream Corporation. The company was founded by Paul M. Rady and Glen C. Warren, Jr. in June 2002 and is headquartered in Denver, CO.