Comstock Resources, Inc. – Consensus Indicates Potential 22.3% Upside

Broker Ratings
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Comstock Resources, Inc. with ticker code (CRK) have now 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 21 and 10 calculating the mean target price we have 15.05. Given that the stocks previous close was at 12.31 this now indicates there is a potential upside of 22.3%. The day 50 moving average is 13.28 and the 200 moving average now moves to 16.16. The market capitalisation for the company is $2,885m. Company Website: https://www.comstockresources.com

The potential market cap would be $3,527m based on the market concensus.

Comstock Resources, Inc., 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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