Comstock Resources – Consensus Indicates Potential 37.2% Upside

Broker Ratings
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Comstock Resources with ticker code (CRK) now have 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 19 and 7.5 calculating the mean target price we have 12.88. Given that the stocks previous close was at 9.39 this is indicating there is a potential upside of 37.2%. The 50 day moving average now sits at 8.4 and the 200 day MA is 7.94. The market cap for the company is $2,304m. Visit the company website at: https://www.comstockresources.com

The potential market cap would be $3,160m 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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