KeyCorp restated their hold rating on shares of Comstock Resources, Inc. (NYSE:CRK) in a research report released on Friday morning.

A number of other research firms have also commented on CRK. Zacks Investment Research lowered Comstock Resources from a hold rating to a sell rating in a research note on Thursday, July 27th. Stifel Nicolaus set a $12.00 price objective on Comstock Resources and gave the stock a buy rating in a research note on Monday, August 14th. ValuEngine lowered Comstock Resources from a sell rating to a strong sell rating in a research note on Friday, September 1st. Capital One Financial Corporation restated an underweight rating on shares of Comstock Resources in a research note on Monday, August 7th. Finally, Robert W. Baird set a $12.00 price objective on Comstock Resources and gave the stock a buy rating in a research note on Friday, November 17th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Comstock Resources presently has a consensus rating of Hold and an average target price of $11.40.

Comstock Resources (CRK) opened at $5.98 on Friday. Comstock Resources has a 52 week low of $4.01 and a 52 week high of $13.42. The company has a debt-to-equity ratio of -3.32, a current ratio of 0.58 and a quick ratio of 0.58.

Several hedge funds have recently modified their holdings of CRK. First Washington CORP boosted its holdings in shares of Comstock Resources by 227.8% in the 3rd quarter. First Washington CORP now owns 368,562 shares of the oil and gas producer’s stock valued at $2,241,000 after purchasing an additional 256,122 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Comstock Resources by 40.4% in the 2nd quarter. Vanguard Group Inc. now owns 628,355 shares of the oil and gas producer’s stock valued at $4,443,000 after purchasing an additional 180,935 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Comstock Resources in the 1st quarter valued at $1,536,000. Hodges Capital Management Inc. boosted its holdings in shares of Comstock Resources by 5.9% in the 2nd quarter. Hodges Capital Management Inc. now owns 1,583,867 shares of the oil and gas producer’s stock valued at $11,198,000 after purchasing an additional 87,805 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new stake in shares of Comstock Resources in the 3rd quarter valued at $430,000. 53.75% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “Comstock Resources’ (CRK) “Hold” Rating Reiterated at KeyCorp” was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://www.watchlistnews.com/comstock-resources-crk-hold-rating-reiterated-at-keycorp/1728173.html.

Comstock Resources Company Profile

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.

Analyst Recommendations for Comstock Resources (NYSE:CRK)

Receive News & Ratings for Comstock Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Resources Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.