ERock (NYSE:EROC) Earns Overweight Rating from Analysts at Morgan Stanley

Research analysts at Morgan Stanley assumed coverage on shares of ERock (NYSE:EROCGet Free Report) in a research report issued on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $21.00 price target on the stock. Morgan Stanley’s price objective would indicate a potential upside of 34.44% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Wolfe Research began coverage on shares of ERock in a report on Monday. They set an “outperform” rating and a $24.00 target price on the stock. Wall Street Zen raised ERock to a “hold” rating in a report on Saturday, June 20th. Bank of America began coverage on ERock in a research report on Monday. They issued a “neutral” rating for the company. Finally, Evercore initiated coverage on ERock in a report on Monday. They set an “outperform” rating and a $28.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, ERock has a consensus rating of “Moderate Buy” and an average target price of $24.25.

Get Our Latest Report on EROC

ERock Stock Performance

NYSE EROC opened at $15.62 on Monday. ERock has a 12-month low of $13.02 and a 12-month high of $20.70.

Further Reading

Analyst Recommendations for ERock (NYSE:EROC)

Receive News & Ratings for ERock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ERock and related companies with MarketBeat.com's FREE daily email newsletter.