EagleRock Land (NYSE:EROK) Upgraded at Texas Capital

EagleRock Land (NYSE:EROK) was upgraded by analysts at Texas Capital to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

EROK has been the topic of several other reports. Barclays initiated coverage on shares of EagleRock Land in a report on Monday. They set an “overweight” rating and a $25.00 price target on the stock. Wall Street Zen upgraded EagleRock Land to a “hold” rating in a research report on Saturday, May 23rd. Piper Sandler assumed coverage on EagleRock Land in a research note on Monday. They set an “overweight” rating and a $28.00 target price on the stock. Pickering Energy Partners assumed coverage on EagleRock Land in a report on Monday. They issued an “outperform” rating on the stock. Finally, Stephens began coverage on EagleRock Land in a report on Monday. They issued an “overweight” rating and a $28.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, EagleRock Land currently has an average rating of “Buy” and a consensus price target of $25.83.

EagleRock Land Trading Down 0.6%

Shares of EROK opened at $20.98 on Monday. EagleRock Land has a twelve month low of $20.55 and a twelve month high of $24.80.

Insider Activity at EagleRock Land

In other EagleRock Land news, Director Raj Kumar bought 5,405 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $18.50 per share, for a total transaction of $99,992.50. Following the acquisition, the director directly owned 5,405 shares in the company, valued at approximately $99,992.50. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephanie L. Reed bought 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, for a total transaction of $249,990.50. Following the transaction, the director directly owned 13,513 shares in the company, valued at approximately $249,990.50. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders bought 518,918 shares of company stock worth $9,599,983.