Comstock Resources – Consensus Indicates Potential 36.9% 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 ‘Hold’. The range between the high target price and low target price is between 21 and 12 calculating the average target price we see 16.91. Now with the previous closing price of 12.35 this now indicates there is a potential upside of 36.9%. The 50 day MA is 14.68 while the 200 day moving average is 16.43. The company has a market cap of $2,744m. Visit the company website at: https://www.comstockresources.com

The potential market cap would be $3,758m 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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