Comstock Resources – Consensus Indicates Potential 22.5% Upside

Broker Ratings
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Comstock Resources found using ticker (CRK) have now 10 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 36 and 13 with the average target price sitting at 20. Given that the stocks previous close was at 16.33 this is indicating there is a potential upside of 22.5%. There is a 50 day moving average of 17.25 while the 200 day moving average is 11.14. The market capitalisation for the company is $3,515m. Find out more information at: https://www.comstockresources.com

The potential market cap would be $4,304m 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.

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