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Ladenburg Thalmann increased their target price on shares of Comstock Resources (NYSE:CRK) from $21.00 to $30.00 in a research note issued on Tuesday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Ladenburg Thalmann’s price target would indicate a potential upside of 27.77% from the company’s current price.

CRK has been the subject of a number of other recent research reports. Analysts at KLR Group downgraded shares of Comstock Resources from a “buy” rating to an “accumulate” rating in a research note on Tuesday, March 25th. They now have a $25.00 price target on the stock. Separately, analysts at CRT Capital initiated coverage on shares of Comstock Resources in a research note on Monday, March 24th. They set a “buy” rating and a $29.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Comstock Resources in a research note on Wednesday, February 5th. They now have a $18.00 price target on the stock. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Comstock Resources presently has an average rating of “Hold” and a consensus target price of $23.17.

Shares of Comstock Resources (NYSE:CRK) opened at 25.58 on Tuesday. Comstock Resources has a 52-week low of $14.21 and a 52-week high of $25.79. The stock’s 50-day moving average is $21.19 and its 200-day moving average is $18.42. The company has a market cap of $1.224 billion and a price-to-earnings ratio of 8.06.

Comstock Resources (NYSE:CRK) last announced its earnings results on Tuesday, February 11th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.25) by $0.05. During the same quarter in the prior year, the company posted ($0.55) earnings per share. Analysts expect that Comstock Resources will post $0.49 EPS for the current fiscal year.

Comstock Resources Inc (NYSE:CRK) is engaged in the acquisition, development, production and exploration of oil and natural gas.

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