ERock, Inc. (NYSE:EROC) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of ERock, Inc. (NYSE:EROC) have been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $24.25.

EROC has been the subject of a number of research reports. JPMorgan Chase & Co. started coverage on shares of ERock in a report on Monday. They set an “overweight” rating and a $24.00 target price for the company. Evercore began coverage on ERock in a research report on Monday. They set an “outperform” rating and a $28.00 price objective for the company. Morgan Stanley began coverage on ERock in a research note on Monday. They set an “overweight” rating and a $21.00 price objective for the company. Bank of America began coverage on ERock in a research note on Monday. They set a “neutral” rating and a $16.00 price objective for the company. Finally, Wolfe Research assumed coverage on ERock in a report on Monday. They issued an “outperform” rating and a $24.00 target price on the stock.

ERock Stock Up 1.0%

Shares of NYSE EROC opened at $15.62 on Monday. ERock has a twelve month low of $13.02 and a twelve month high of $20.70.