Comstock Resources (CRK) Stock Forecast & Price Target

$10.40

+0.35 (+3.48%)

(As of 07/26/2024 ET)

Comstock Resources - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for Comstock Resources in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 2 have given a sell rating, 7 have given a hold rating, and 2 have given a buy rating for CRK.

Consensus Price Target

$10.25
-1.44% Downside

High Forecast	$13.50
Average Forecast	$10.25
Low Forecast	$8.00

According to the 11 analysts' twelve-month price targets for Comstock Resources, the average price target is $10.25. The highest price target for CRK is $13.50, while the lowest price target for CRK is $8.00. The average price target represents a forecasted downside of -1.44% from the current price of $10.40.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$10.25	$10.25	$9.75	$13.75
Forecasted Upside	-1.44% Downside	8.99% Upside	8.93% Upside	16.69% Upside

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CRK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CRK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Comstock Resources Stock vs. The Competition

Type	Comstock Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.00	2.56	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-1.44% Downside	230.55% Upside	9.10% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	Truist Financial 1 of 5 stars		Boost Target	Hold ➝ Hold	$8.00 ➝ $9.00	-14.77%
7/18/2024	Wolfe Research 3 of 5 stars	C. Escalante Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
6/27/2024	KeyCorp 3 of 5 stars		Initiated Coverage	Sector Weight
5/28/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$9.00 ➝ $10.00	-8.59%
5/15/2024	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Johnston Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight
5/13/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$10.00 ➝ $11.00	+5.77%
Get the Latest News and Ratings for CRK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Comstock Resources and its competitors with MarketBeat's FREE daily newsletter.
4/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$14.00 ➝ $13.50	+36.64%
3/7/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$9.00 ➝ $8.00	-7.30%
1/9/2024	Pickering Energy Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral
12/19/2023	Siebert Williams Shank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$10.00	+12.80%
12/14/2023	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Accumulate ➝ Hold
4/19/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Paul Diamond CFA Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$10.00 ➝ $12.00	+9.69%
2/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$11.00 ➝ $12.00	-0.50%
2/14/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
11/16/2022	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
11/16/2022	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:59 AM ET.

CRK Forecast - Frequently Asked Questions

What is Comstock Resources' forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Comstock Resources is $10.25, with a high forecast of $13.50 and a low forecast of $8.00.
Should I buy or sell Comstock Resources stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRK, but not buy additional shares or sell existing shares.
Does Comstock Resources's stock price have much upside?: According to analysts, Comstock Resources's stock has a predicted upside of 3.75% based on their 12-month stock forecasts.
Has Comstock Resources been downgraded by Wall Street analysts recently?: Over the previous 90 days, Comstock Resources's stock had 1 downgrade by analysts.
What analysts cover Comstock Resources?: Comstock Resources has been rated by research analysts at Capital One Financial, KeyCorp, Mizuho, The Goldman Sachs Group, Truist Financial, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Comstock Resources more than its competitors?: Analysts like Comstock Resources less than other "oils/energy" companies. The consensus rating for Comstock Resources is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how CRK compares to other companies.