Currently, Antero Resources Corp (Symbol: AR) is trading at $35.52, surpassing the average analyst 12-month price target of $34.95. When stocks exceed their target prices, analysts generally consider two options: they can either downgrade their valuations or raise their target prices. The decision often depends on the underlying business developments that may justify the stock’s increase. If positive trends continue for Antero, analysts might opt to adjust their price targets upward.
Analyst Targets Offer Mixed Views
Within the Zacks coverage universe, a total of 21 analysts have set targets for Antero Resources Corp. While the average target reflects the general consensus, opinions vary widely. For example, one analyst projects a low target of $26.00, while another anticipates a high of $44.00, leading to a standard deviation of $5.084. This diverse array of predictions illustrates differing views on the company’s potential.
A Call for Investor Evaluation
Investors are encouraged to examine the implications of AR’s recent uptick above the $34.95 average target. This moment could signify an opportunity to reassess the stock’s valuation: is this merely a pause before reaching an even higher target, or should investors consider cashing in? Below is a table summarizing the current analyst ratings for Antero Resources Corp:
| Recent AR Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 11 | 11 | 10 | 11 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 9 | 8 | 8 | 7 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 1 | 1 | 0 |
| Average rating: | 1.88 | 1.98 | 2.03 | 1.76 |
The rating scale ranges from 1 to 5, with 1 indicating a Strong Buy and 5 representing a Strong Sell. This data is sourced from Zacks Investment Research via Quandl.com.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
