Comstock Resources found using ticker (CRK) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 19 and 7.5 with a mean TP of 12.4. Given that the stocks previous close was at 9.52 this indicates there is a potential upside of 30.3%. The 50 day moving average now sits at 8.18 while the 200 day moving average is 7.74. The market cap for the company is $2,306m. You can visit the company’s website by visiting: https://www.comstockresources.com
The potential market cap would be $3,004m 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.