Comstock Resources – Consensus Indicates Potential 52.7% Upside

Broker Ratings
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Comstock Resources with ticker code (CRK) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 33 and 14 calculating the mean target price we have 19.75. Now with the previous closing price of 12.93 this is indicating there is a potential upside of 52.7%. The day 50 moving average is 15.9 and the 200 moving average now moves to 16.5. The company has a market capitalisation of $3,037m. Visit the company website at: https://www.comstockresources.com

The potential market cap would be $4,638m 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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