RBC Capital Keeps Their Buy Rating on ARC Resources (AETUF)
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Harvey covers the Energy sector, focusing on stocks such as Whitecap Resources, ARC Resources, and Advantage Energy. According to TipRanks, Harvey has an average return of 13.2% and a 50.51% success rate on recommended stocks.
ARC Resources has an analyst consensus of Strong Buy, with a price target consensus of $23.63, a 19.71% upside from current levels. In a report released on May 5, CIBC also maintained a Buy rating on the stock with a C$33.00 price target.
AETUF market cap is currently $11.43B and has a P/E ratio of 11.89.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AETUF in relation to earlier this year.
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