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Analysts’ Opinions Are Mixed on These Energy Stocks: MPLX (MPLX) and Comstock Resources (CRK)

Tipranks - Thu May 7, 8:12AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on MPLX (MPLX) and Comstock Resources (CRK).

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MPLX (MPLX)

In a report released today, Justin Jenkins from Raymond James maintained a Hold rating on MPLX. The company’s shares closed last Tuesday at $55.66.

According to TipRanks.com, Jenkins is a top 25 analyst with an average return of 23.5% and a 78.4% success rate. Jenkins covers the NA sector, focusing on stocks such as ARKO Petroleum Corp. Class A, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on MPLX is a Moderate Buy with an average price target of $61.70, representing an 8.6% upside. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $62.00 price target.

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Comstock Resources (CRK)

Goldman Sachs analyst Neil Mehta maintained a Sell rating on Comstock Resources yesterday and set a price target of $13.00. The company’s shares closed last Tuesday at $17.33.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 13.1% and a 64.4% success rate. Mehta covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Par Pacific Holdings. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Comstock Resources with a $17.80 average price target, which is a 1.7% upside from current levels. In a report released yesterday, Roth MKM also maintained a Sell rating on the stock with a $14.00 price target.

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