EagleRock Land (NYSE:EROK) Upgraded by Piper Sandler to “Strong-Buy” Rating

EagleRock Land (NYSE:EROK) was upgraded by analysts at Piper Sandler to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

EROK has been the topic of several other research reports. Stephens began coverage on EagleRock Land in a report on Monday. They issued an “overweight” rating and a $28.00 price objective on the stock. The Goldman Sachs Group assumed coverage on EagleRock Land in a report on Monday. They issued a “neutral” rating and a $24.00 price objective on the stock. Wall Street Zen upgraded EagleRock Land to a “hold” rating in a report on Saturday, May 23rd. JPMorgan Chase & Co. assumed coverage on EagleRock Land in a report on Monday. They set an “overweight” rating and a $25.00 price target on the stock. Finally, Pickering Energy Partners assumed coverage on EagleRock Land in a report on Monday. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, EagleRock Land has an average rating of “Buy” and a consensus price target of $25.83.

EagleRock Land Trading Down 1.0%

EROK opened at $21.16 on Monday. EagleRock Land has a 12 month low of $21.00 and a 12 month high of $24.80.

Insider Transactions at EagleRock Land

In other news, Director Stephanie L. Reed acquired 13,513 shares of the business’s stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of $18.50 per share, with a total value of $249,990.50. Following the transaction, the director owned 13,513 shares in the company, valued at $249,990.50. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Raj Kumar acquired 5,405 shares of the business’s stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of $18.50 per share, for a total transaction of $99,992.50. Following the completion of the transaction, the director owned 5,405 shares in the company, valued at approximately $99,992.50. This represents a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 518,918 shares of company stock valued at $9,599,983.