Comstock Resources with ticker code (CRK) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 19 and 7.5 calculating the average target price we see 12.65. Now with the previous closing price of 7.6 this would imply there is a potential upside of 66.4%. There is a 50 day moving average of 8.23 and the 200 day MA is 7.58. The market capitalisation for the company is $1,733m. Company Website: https://www.comstockresources.com
The potential market cap would be $2,884m 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.
