Imperial Capital announced Comstock (NYSE:CRK), bumping up its stock price target to $8.50 today
- Updated: October 6, 2016
In a statement issued on 10/7/2016 Imperial Capital raised the target price of Comstock (NYSE:CRK) from $3.75 to $8.50 indicating a possible upside of 0.10%.
On 10/03/2016, Zacks Investment Research released a statement for Comstock (NYSE:CRK) increased the target price from $0.00 to $8.50. At the time, this indicated a possible upside of 0.14%.
Only yesterday Comstock (NYSE:CRK) traded 1.05% higher at $7.70. CRK’s 50-day average is $7.08 and its two hundred day average is $4.76. With the last stock price close up 61.89% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 445,906 shares of the stock were exchanged, down from an average trading volume of 639,945
See Chart Below
With a total market value of $0, Comstock has with a 52 week low of $2.64 and a 52 week high of $16.40 .
Brief Synopsis On Comstock (NYSE:CRK)
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. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company's properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company's Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.