Citigroup Gives Antero Resources (AR) Lower Rating; Last Week Faroe Petroleum plc (LON:FPM) Coverage

Antero Resources Corporation (NYSE:AR) Logo

Among 14 analysts covering Faroe Petroleum (LON:FPM), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Faroe Petroleum had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, January 20 report. The firm has “Overweight” rating given on Monday, July 31 by Barclays Capital. Liberum Capital maintained Faroe Petroleum plc (LON:FPM) on Thursday, March 31 with “Hold” rating. The firm has “Hold” rating by Numis Securities given on Wednesday, November 18. Barclays Capital maintained Faroe Petroleum plc (LON:FPM) on Wednesday, September 21 with “Equal Weight” rating. On Tuesday, March 29 the stock rating was maintained by Liberum Capital with “Hold”. The firm earned “Equal Weight” rating on Wednesday, March 30 by Barclays Capital. On Friday, February 23 the stock rating was maintained by Peel Hunt with “Buy”. The firm has “Buy” rating by Peel Hunt given on Thursday, November 26. Jefferies maintained Faroe Petroleum plc (LON:FPM) rating on Tuesday, November 21. Jefferies has “Buy” rating and GBX 125 target. See Faroe Petroleum plc (LON:FPM) latest ratings:

11/04/2018 Broker: Barclays Capital Rating: Underweight Old Target: GBX 105.00 New Target: GBX 125.00 Maintain
10/04/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 125.00 New Target: GBX 125.00 Maintain
05/04/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 135.00 New Target: GBX 145.00 Reiteration
20/03/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 125.00 New Target: GBX 125.00 Maintain
02/03/2018 Broker: RBC Capital Markets Rating: Outperform Old Target: GBX 130.00 New Target: GBX 140.00 Maintain
23/02/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 125.00 New Target: GBX 125.00 Maintain
12/02/2018 Broker: Whitman Howard Rating: Buy Upgrade
31/01/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 115.00 New Target: GBX 115.00 Maintain
15/01/2018 Broker: Barclays Capital Rating: Overweight New Target: GBX 115.00 Maintain
08/01/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 115.00 New Target: GBX 125.00 Maintain

In a a research report revealed to clients on Tuesday morning, Citigroup has cut Antero Resources (NYSE:AR) stock to “Neutral”. AR’s old rating was “Buy”.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. The company has market cap of $6.43 billion. As of December 31, 2016, the firm had 616,000 net acres of gas and oil properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It has a 10.47 P/E ratio. It also owned and operated 213 miles of gas gathering pipelines in the Marcellus Shale; and 113 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on May, 14. They expect $0.28 earnings per share, up 55.56% or $0.10 from last year’s $0.18 per share. AR’s profit will be $88.63 million for 18.14 P/E if the $0.28 EPS becomes a reality. After $0.19 actual earnings per share reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts 47.37% EPS growth.

Among 29 analysts covering Antero Resources (NYSE:AR), 13 have Buy rating, 0 Sell and 16 Hold. Therefore 45% are positive. Antero Resources has $45 highest and $18 lowest target. $26.56’s average target is 30.71% above currents $20.32 stock price. Antero Resources had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, April 17 by Citigroup. The company was upgraded on Thursday, March 16 by Guggenheim. The firm earned “Equal Weight” rating on Tuesday, August 4 by Stephens. Barclays Capital maintained Antero Resources Corporation (NYSE:AR) on Tuesday, August 8 with “Overweight” rating. On Wednesday, August 5 the stock rating was maintained by Deutsche Bank with “Hold”. Goldman Sachs initiated Antero Resources Corporation (NYSE:AR) rating on Tuesday, November 17. Goldman Sachs has “Buy” rating and $28 target. PiperJaffray upgraded the stock to “Overweight” rating in Friday, January 13 report. As per Thursday, November 16, the company rating was maintained by Jefferies. The stock of Antero Resources Corporation (NYSE:AR) earned “Buy” rating by Robert W. Baird on Tuesday, January 16. Seaport Global downgraded Antero Resources Corporation (NYSE:AR) on Friday, December 9 to “Accumulate” rating.

The stock decreased 1.46% or $0.3 during the last trading session, reaching $20.32. About 883,341 shares traded. Antero Resources Corporation (NYSE:AR) has declined 15.07% since April 17, 2017 and is downtrending. It has underperformed by 26.62% the S&P500.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.15, from 1.17 in 2017Q3. It improved, as 33 investors sold Antero Resources Corporation shares while 72 reduced holdings. 46 funds opened positions while 93 raised stakes. 282.31 million shares or 3.23% less from 291.74 million shares in 2017Q3 were reported. Qs Investors Limited Liability Company invested 0% in Antero Resources Corporation (NYSE:AR). 43,576 are held by Citigroup. Hap Trading Ltd Co accumulated 25,180 shares or 0.02% of the stock. Renaissance Technologies Ltd Llc holds 1.01M shares or 0.02% of its portfolio. Oregon Employees Retirement Fund owns 0.01% invested in Antero Resources Corporation (NYSE:AR) for 21,827 shares. Deutsche Comml Bank Ag owns 518,189 shares. Westpac Bk owns 13,823 shares for 0.01% of their portfolio. Assetmark reported 0% stake. Blackstone Limited Partnership holds 21,149 shares. Fpr Prtn Ltd Liability stated it has 11.92 million shares. Landscape Capital Mngmt Ltd Com stated it has 0.08% of its portfolio in Antero Resources Corporation (NYSE:AR). Key Group Inc Holding (Cayman) Limited owns 3.06M shares. United Kingdom-based Rwc Asset Mngmt Llp has invested 0.27% in Antero Resources Corporation (NYSE:AR). Wellington Management Group Llp reported 0.04% in Antero Resources Corporation (NYSE:AR). Moreover, Amer Gp Incorporated has 0% invested in Antero Resources Corporation (NYSE:AR).

Since March 2, 2018, it had 0 insider purchases, and 1 sale for $50,000 activity. Yoo K. Phil also sold $50,000 worth of Antero Resources Corporation (NYSE:AR) on Friday, March 2.

Antero Resources Corporation (NYSE:AR) Ratings Chart