EagleRock Land, LLC (NYSE:EROK – Get Free Report) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $25.8333.
Several analysts have issued reports on the stock. Pickering Energy Partners initiated coverage on shares of EagleRock Land in a research report on Monday. They issued an “outperform” rating on the stock. Stephens began coverage on shares of EagleRock Land in a research note on Monday. They issued an “overweight” rating and a $28.00 target price for the company. Raymond James Financial began coverage on EagleRock Land in a research report on Monday. They set an “outperform” rating and a $25.00 target price on the stock. Piper Sandler assumed coverage on EagleRock Land in a research report on Monday. They issued an “overweight” rating and a $28.00 price objective for the company. Finally, Barclays assumed coverage on EagleRock Land in a research note on Monday. They issued an “overweight” rating and a $25.00 target price for the company.
Check Out Our Latest Research Report on EROK
EagleRock Land Stock Performance
Insider Buying and Selling at EagleRock Land
In other EagleRock Land news, Director Michael Wayne Wallace purchased 250,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $18.50 per share, with a total value of $4,625,000.00. Following the completion of the transaction, the director directly owned 250,000 shares of the company’s stock, valued at approximately $4,625,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephanie L. Reed purchased 13,513 shares of the business’s stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $18.50 per share, with a total value of $249,990.50. Following the purchase, the director owned 13,513 shares of the company’s stock, valued at approximately $249,990.50. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders acquired 518,918 shares of company stock worth $9,599,983.
Read More
- Five stocks we like better than EagleRock Land
- What’s Make of Macy’s: Berkshire Hathaway’s Latest Buy
- Planet Labs: Coming Back Down to Earth
- Docusign: Another Beat, Another Selloff—Why the Analysts Are Wrong
- Meta Unveils Subscriptions: A New Offering With Real Growth Potential
Receive News & Ratings for EagleRock Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EagleRock Land and related companies with MarketBeat.com's FREE daily email newsletter.
