Analysts at Pickering Energy Partners began coverage on shares of EagleRock Land (NYSE:EROK – Get Free Report) in a research note issued on Monday, Marketbeat.com reports. The firm set an “outperform” rating on the stock.
Other analysts have also issued reports about the company. Wall Street Zen upgraded EagleRock Land to a “hold” rating in a report on Saturday, May 23rd. The Goldman Sachs Group assumed coverage on EagleRock Land in a research report on Monday. They issued a “neutral” rating and a $24.00 target price on the stock. JPMorgan Chase & Co. started coverage on EagleRock Land in a research note on Monday. They set an “overweight” rating and a $25.00 price target for the company. Raymond James Financial assumed coverage on EagleRock Land in a report on Monday. They set an “outperform” rating and a $25.00 price target for the company. Finally, Barclays started coverage on EagleRock Land in a research note on Monday. They issued an “overweight” rating and a $25.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, EagleRock Land presently has an average rating of “Moderate Buy” and an average target price of $25.83.
Check Out Our Latest Stock Analysis on EagleRock Land
EagleRock Land Price Performance
Insider Buying and Selling
In related news, Director Stephanie L. Reed acquired 13,513 shares of the stock in a transaction dated 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 acquisition, the director owned 13,513 shares in the company, valued at approximately $249,990.50. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeff Slaughter Lott acquired 250,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $18.50 per share, for a total transaction of $4,625,000.00. Following the completion of the purchase, the director directly owned 250,000 shares in the company, valued at $4,625,000. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 518,918 shares of company stock worth $9,599,983 over the last ninety days.
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