Siebert Williams Shank & Co Remains a Hold on Comstock Resources (CRK)

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on Comstock Resources, with a price target of $19.00. The company’s shares closed last Friday at $18.42.

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Sorbara covers the Energy sector, focusing on stocks such as Vital Energy, Chord Energy, and Expand Energy. According to TipRanks, Sorbara has an average return of 25.1% and a 60.21% success rate on recommended stocks.

Currently, the analyst consensus on Comstock Resources is a Moderate Sell with an average price target of $16.61, implying a -9.83% downside from current levels. In a report released on October 11, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $18.50 price target.

Based on Comstock Resources’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $470.26 million and a net profit of $124.84 million. In comparison, last year the company earned a revenue of $246.83 million and had a GAAP net loss of $126.31 million