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

ERock, Inc. (NYSE:EROC) has received a consensus recommendation of “Moderate Buy” from the five analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $24.25.

A number of analysts have commented on the stock. Morgan Stanley assumed coverage on shares of ERock in a research report on Monday. They set an “overweight” rating and a $21.00 price target on the stock. Wall Street Zen upgraded shares of ERock to a “hold” rating in a report on Saturday, June 20th. JPMorgan Chase & Co. began coverage on shares of ERock in a research note on Monday. They set an “overweight” rating and a $24.00 price objective on the stock. Bank of America assumed coverage on ERock in a report on Monday. They set a “neutral” rating and a $16.00 target price on the stock. Finally, Wolfe Research assumed coverage on ERock in a research report on Monday. They issued an “outperform” rating and a $24.00 target price for the company.

ERock Stock Performance

EROC stock opened at $15.62 on Monday. ERock has a fifty-two week low of $13.02 and a fifty-two week high of $20.70.