EagleRock Land (NYSE:EROK) Upgraded by The Goldman Sachs Group to “Hold” Rating

The Goldman Sachs Group upgraded shares of EagleRock Land (NYSE:EROK) to a hold rating in a research note released on Monday,Zacks.com reports.

EROK has been the topic of several other research reports. Wall Street Zen upgraded shares of EagleRock Land to a “hold” rating in a research report on Saturday, May 23rd. Pickering Energy Partners assumed coverage on shares of EagleRock Land in a research report on Monday. They set an “outperform” rating on the stock. Barclays assumed coverage on shares of EagleRock Land in a research report on Monday. They set an “overweight” rating and a $25.00 price target on the stock. Stephens assumed coverage on shares of EagleRock Land in a research report on Monday. They set an “overweight” rating and a $28.00 price target on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of EagleRock Land in a research report on Monday. They set an “overweight” rating and a $25.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, EagleRock Land presently has an average rating of “Buy” and an average price target of $25.83.

EagleRock Land Trading Down 1.0%

NYSE EROK opened at $21.16 on Monday. EagleRock Land has a 1 year low of $21.00 and a 1 year high of $24.80.

Insider Activity at EagleRock Land

In related news, Director Michael Wayne Wallace acquired 250,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $18.50 per share, with a total value of $4,625,000.00. Following the purchase, the director directly owned 250,000 shares in the company, valued at approximately $4,625,000. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie L. Reed acquired 13,513 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $18.50 per share, with a total value of $249,990.50. Following the purchase, the director owned 13,513 shares in the company, valued at $249,990.50. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 518,918 shares of company stock worth $9,599,983 in the last 90 days.