Comstock Resources – Consensus Indicates Potential 8.8% Upside

Broker Ratings
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Comstock Resources found using ticker (CRK) have now 10 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 22 and 11 calculating the mean target price we have 17.6. With the stocks previous close at 16.17 this would imply there is a potential upside of 8.8%. There is a 50 day moving average of 11.46 while the 200 day moving average is 8.91. The market capitalisation for the company is $3,855m. Visit the company website at: https://www.comstockresources.com

The potential market cap would be $4,196m 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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