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Analysts Offer Insights on Energy Companies: Comstock Resources (CRK) and Imperial Oil (IMO)

Tipranks - Tue Feb 24, 5:56AM CST

Analysts fell to the sidelines weighing in on Comstock Resources (CRKResearch Report) and Imperial Oil (IMOResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Comstock Resources (CRK)

In a report released today, Scott Gruber from Citi maintained a Hold rating on Comstock Resources, with a price target of $23.00. The company’s shares closed last Friday at $19.97, close to its 52-week high of $22.06.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 13.4% and a 59.2% success rate. Gruber covers the NA sector, focusing on stocks such as Weatherford International, Atlas Energy Solutions, and Baker Hughes Company. ;'>

Currently, the analyst consensus on Comstock Resources is a Hold with an average price target of $20.50, a 4.2% upside from current levels. In a report issued on February 11, Bank of America Securities also maintained a Hold rating on the stock with a $24.00 price target.

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Imperial Oil (IMO)

RBC Capital analyst Gregory Pardy maintained a Hold rating on Imperial Oil on February 20 and set a price target of C$116.00. The company’s shares closed last Friday at $120.69.

According to TipRanks.com, Pardy is a 5-star analyst with an average return of 22.5% and a 65.5% success rate. Pardy covers the NA sector, focusing on stocks such as Vermilion Energy, Canadian Natural, and Parex Resources. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Imperial Oil with a $87.84 average price target, a -27.9% downside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a C$177.00 price target.

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