Comstock Resources with ticker code (CRK) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 9 and has a mean target at 12.71. With the stocks previous close at 8.92 this indicates there is a potential upside of 42.5%. The 50 day moving average now sits at 8.66 while the 200 day moving average is 7.31. The company has a market capitalisation of $2,071m. Company Website: https://www.comstockresources.com
The potential market cap would be $2,951m based on the market concensus.
Comstock Resources, an independent energy company, engages in the acquisition, exploration for, development, and production of oil and natural gas primarily in Texas, Louisiana, and North Dakota. As of December 31, 2020, the company had 5.6 trillion cubic feet of natural gas equivalent and 17 million barrels of oil equivalent of proved reserves. It also owns interests in 2,864 producing oil and natural gas wells. Comstock Resources was founded in 1983 and is headquartered in Frisco, Texas.
