Comstock Resources, Inc. (CRK) PT Set at $12.00 by Robert W. Baird
Comstock Resources, Inc. (NYSE:CRK) received a $12.00 target price from stock analysts at Robert W. Baird in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the oil and gas producer’s stock. Robert W. Baird’s price target points to a potential upside of 101.34% from the stock’s current price.
A number of other research firms have also commented on CRK. Capital One Financial Corporation reissued an “underweight” rating on shares of Comstock Resources in a research report on Monday, August 7th. ValuEngine lowered shares of Comstock Resources from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Comstock Resources from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. KeyCorp reissued a “hold” rating on shares of Comstock Resources in a research report on Monday, October 16th. Finally, Barclays PLC dropped their price target on shares of Comstock Resources from $7.00 to $6.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 11th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $11.40.
Comstock Resources (NYSE CRK) traded down $0.03 during trading hours on Friday, hitting $5.96. 226,300 shares of the stock were exchanged, compared to its average volume of 331,724. Comstock Resources has a 12 month low of $4.01 and a 12 month high of $13.42. The company has a debt-to-equity ratio of -3.32, a quick ratio of 0.58 and a current ratio of 0.58.
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About Comstock Resources
Comstock Resources, Inc is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana.
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