Analyst Activity – Robert W. Baird Reiterates Hold on Approach Resources (NASDAQ:AREX)

ME Staff
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Analyst Ratings For Approach Resources (NASDAQ:AREX)

Today, Robert W. Baird reiterated its Hold rating on Approach Resources (NASDAQ:AREX) with a price target of $4.00.

There are 1 sell rating, 4 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Approach Resources (NASDAQ:AREX) is Hold (Score: 2.14) with a consensus target price of $3.25 per share, a potential 21.72% upside.

Some recent analyst ratings include

  • 9/26/2017-Robert W. Baird Reiterated Rating of Hold.
  • 8/18/2017-Imperial Capital initiated coverage with a In-Line rating.
  • 6/21/2017-Seaport Global Securities was Downgraded by analysts at Seaport Global Securities from a “Neutral ” rating to a ” Sell” rating. They now have a $0.50 price target on the stock, up previously from $3.00 .
  • 3/14/2017-KLR Group Reiterated Rating of Buy.
  • 10/26/2016-SunTrust Banks, Inc. Upgrade from a “Reduce ” rating to a ” Hold” rating.
  • 10/26/2016-Wunderlich Upgrade from a “Hold ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Approach Resources (NASDAQ:AREX)
Approach Resources (NASDAQ:AREX) has insider ownership of 7.80% and institutional ownership of 24.34%.

  • On 6/22/2017 Wilks Brothers, Llc, Insider, bought 100,000 with an average share price of $2.42 per share and the total transaction amounting to $242,000.00. View SEC Filing
  • On 6/21/2017 Wilks Brothers, Llc, Insider, bought 288,000 with an average share price of $2.58 per share and the total transaction amounting to $743,040.00. View SEC Filing
  • On 6/20/2017 Wilks Brothers, Llc, Major Shareholder, bought 100,000 with an average share price of $2.56 per share and the total transaction amounting to $256,000.00. View SEC Filing
  • On 6/19/2017 Wilks Brothers, Llc, Major Shareholder, bought 88,000 with an average share price of $2.72 per share and the total transaction amounting to $239,360.00. View SEC Filing
  • On 6/16/2017 Wilks Brothers, Llc, Insider, bought 300,000 with an average share price of $2.79 per share and the total transaction amounting to $837,000.00. View SEC Filing
  • On 6/13/2017 Wilks Brothers, Llc, Insider, bought 350,000 with an average share price of $2.77 per share and the total transaction amounting to $969,500.00. View SEC Filing
  • On 6/8/2017 Wilks Brothers, Llc, Insider, bought 300,000 with an average share price of $2.70 per share and the total transaction amounting to $810,000.00. View SEC Filing

Recent Trading Activity for Approach Resources (NASDAQ:AREX)
Shares of Approach Resources closed the previous trading session at with shares trading hands.