Comstock Resources – Consensus Indicates Potential 48.7% Upside

Broker Ratings
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Comstock Resources found using ticker (CRK) have now 10 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 28 and 12 with the average target price sitting at 18.6. Now with the previous closing price of 12.51 this would imply there is a potential upside of 48.7%. The day 50 moving average is 15.78 and the 200 day moving average is 11.53. The company has a market cap of $2,958m. Visit the company website at: https://www.comstockresources.com

The potential market cap would be $4,398m 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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