Comstock Resources with ticker code (CRK) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 12 and has a mean target at 18.05. Now with the previous closing price of 18.48 this would imply there is a potential downside of -2.3%. The 50 day moving average now sits at 14.96 and the 200 moving average now moves to 12.3. The company has a market cap of $4,561m. Company Website: https://www.comstockresources.com
The potential market cap would be $4,455m based on the market concensus.
Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. It also owns interests in 2,557 producing oil and natural gas wells. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
