Comstock Resources – Consensus Indicates Potential 28.2% Upside

Broker Ratings
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Comstock Resources found using ticker (CRK) have now 10 analysts covering the stock. The analyst consensus points to 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 19.9. Now with the previous closing price of 15.52 this now indicates there is a potential upside of 28.2%. There is a 50 day moving average of 14.39 and the 200 moving average now moves to 9.87. The company has a market cap of $3,945m. You can visit the company’s website by visiting: https://www.comstockresources.com

The potential market cap would be $5,059m 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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