ERock (NYSE:EROC) Now Covered by Guggenheim

Guggenheim began coverage on shares of ERock (NYSE:EROC) in a research note issued to investors on Monday. The firm set a “buy” rating and a $23.00 price target on the stock. Guggenheim’s price target suggests a potential upside of 47.25% from the company’s previous close.

A number of other equities research analysts have also weighed in on EROC. Wolfe Research started coverage on ERock in a research report on Monday. They set an “outperform” rating and a $24.00 price objective on the stock. Wall Street Zen upgraded ERock to a “hold” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. initiated coverage on ERock in a research note on Monday. They set an “overweight” rating and a $24.00 price target on the stock. Evercore initiated coverage on ERock in a report on Monday. They set an “outperform” rating and a $28.00 price target on the stock. Finally, Bank of America began coverage on ERock in a report on Monday. They set a “neutral” rating and a $16.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.62.

ERock Stock Performance

Shares of NYSE:EROC opened at $15.62 on Monday. ERock has a 52-week low of $13.02 and a 52-week high of $20.70.