Comstock Resources – Consensus Indicates Potential 27.8% Upside

Broker Ratings
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Comstock Resources found using ticker (CRK) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 33 and 12 calculating the average target price we see 22.59. Now with the previous closing price of 17.67 this would imply there is a potential upside of 27.8%. The day 50 moving average is 18.07 and the 200 moving average now moves to 13.99. The market cap for the company is $4,183m. Company Website: https://www.comstockresources.com

The potential market cap would be $5,348m 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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