Eagle Rock Energy Partners

Feb 24, 2016

. (NASDAQ:EROC) have received a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, MarketBeat reports . Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $2.35. EROC has been the subject of several analyst reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $2.00 target price (down previously from $2.50) on shares of Eagle Rock Energy Partners, L.P. in a research report on Wednesday, January 20th. Dundee Securities reaffirmed a “buy” rating and issued a $1.50 target price (down previously from $1.75) on shares of Eagle Rock Energy Partners, L.P. in a research report on Friday, February 5th. AltaCorp Capital reaffirmed an “outperform” rating and issued a $2.50 target price (down previously from $2.75) on shares of Eagle Rock Energy Partners, L.P. in a research report on Saturday, January 30th. Finally, National Bank Financial reiterated an “outperform” rating and issued a $1.65 price target (down previously from $2.00) on shares of Eagle Rock Energy Partners, L.P. in a research note on Friday, December 4th. Eagle Rock Energy Partners, L.P. ( NASDAQ:EROC ) remained flat at $1.74 on Wednesday. Eagle Rock Energy Partners, L.P. has a 52-week low of $0.94 and a 52-week high of $3.63. The stock’s 50-day moving average is $1.42 and its 200-day moving average is $2.08. Eagle Rock Energy Partners, L.P. is a limited partnership engaged in developing and producing oil and natural gas properties. The Company’s interests include operated and non-operated wells located in four oil and gas producing regions: The Mid-Continent region consists of operated and non-operated properties in the Golden Trend field, Cana ( NASDAQ:EROC ) shale play, Verden field and other fields located in the Anadarko Basin of western Oklahoma, the Mansfield field and other fields in the Arkoma Basin of Arkansas and Oklahoma, and various fields in the Texas Panhandle; The Alabama region includes the Big Escambia Creek, Flomaton and Fanny Church fields located in Escambia County, Alabama; The Permian region contains various fields, including Ward South and Ward-Estes North located in Ward, Pecos and Crane Counties, Texas, and East Texas/South Texas/Mississippi. This story was originally published by American Banking News (http://www.americanbankingnews.com) and is the sole property of American Banking News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://www.americanbankingnews.com/2016/02/24/eagle-rock-energy-partners-l-p-nasdaqeroc-given-consensus-rating-of-buy-by-analysts/ Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here) . Receive News & Ratings for Eagle Rock Energy Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Rock Energy Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter . Leave a Reply