Comstock Resources with ticker code (CRK) now have 11 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 38 and 12 and has a mean target at 22.95. Now with the previous closing price of 16.22 this indicates there is a potential upside of 41.5%. The 50 day moving average now sits at 17.42 and the 200 day MA is 13.53. The company has a market capitalisation of $3,661m. Company Website: https://www.comstockresources.com
The potential market cap would be $5,180m 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.
