ARC Resources (AETUF) Receives a Buy from RBC Capital
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According to TipRanks, Harvey is a 5-star analyst with an average return of 17.0% and a 56.85% success rate. Harvey covers the Energy sector, focusing on stocks such as Peyto Exploration & Dev, ARC Resources, and Advantage Energy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ARC Resources with a $25.14 average price target, representing a 24.64% upside. In a report released on July 11, CIBC also maintained a Buy rating on the stock with a C$35.00 price target.
AETUF market cap is currently $11.78B and has a P/E ratio of 12.40.
Based on the recent corporate insider activity of 23 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 AETUF in relation to earlier this year.
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