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Monday, February 6, 2012

Stock Alert - Zacks Investment Research Analysts Downgrade Comstock Resources (CMRE) Shares to “Underperform” - 2/6/12

Comstock Resources (NASDAQ: CMRE) was downgraded by Zacks Investment Research from a “neutral” rating to an “underperform” rating in a research note issued on Monday.

Separately, analysts at Dahlman Rose reiterated a “buy” rating on shares of Comstock Resources in a research note to investors on Thursday. They now have a $20.00 price target on the stock. Also, analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Comstock Resources in a research note to investors on Monday, January 30th.
 

Comstock Resources opened at 15.19 on Monday. Comstock Resources has a 1-year low of $10.93 and a 1-year high of $18.48. The stock has a 50-day moving average of $14.63 and a 200-day moving average of $13.80. The company has a market cap of $915.9 million and a price-to-earnings ratio of 12.24.
 
Comstock Resources (NASDAQ: CMRE)  resistance level is $15.17 and support level is $14.20.

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