What 6 Analyst Ratings Have To Say About Antero Resources
Portfolio Pulse from Benzinga Insights
Antero Resources (NYSE:AR) received mixed analyst ratings in the past three months, with a total of 3 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $30.33, down 11.32% from previous estimates, with a high of $37.00 and a low of $26.00. Analysts from firms like Raymond James and Wells Fargo have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Antero Resources is involved in natural gas and liquids exploration and production, with proven reserves and production figures reported for 2022. The company's financials show challenges in revenue growth, profitability, and returns, with a market capitalization below industry averages and a conservative debt management approach.

January 02, 2024 | 6:00 pm
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Antero Resources has received mixed analyst ratings with a downward revision in the average price target to $30.33, indicating a bearish sentiment shift. The company's financial challenges and below-average industry performance may impact investor confidence.
The reduction in the average price target by analysts suggests a bearish outlook for Antero Resources in the short term. The company's financial difficulties, such as lower revenue growth and profitability metrics, are likely to contribute to negative investor sentiment. The high relevance score is due to the direct mention of the company and its financials, while the importance score reflects the significance of analyst ratings and price targets in influencing investor decisions. The confidence score is based on the clear consensus among analysts and the detailed financial data provided.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100