Wolfe Research Initiates Coverage on ERock (NYSE:EROC)

Equities researchers at Wolfe Research initiated coverage on shares of ERock (NYSE:EROCGet Free Report) in a research report issued on Monday, Marketbeat reports. The brokerage set an “outperform” rating and a $24.00 price target on the stock. Wolfe Research’s price objective suggests a potential upside of 53.65% from the company’s previous close.

A number of other research analysts also recently commented on the stock. Wall Street Zen raised shares of ERock to a “hold” rating in a research note on Saturday, June 20th. Evercore initiated coverage on shares of ERock in a report on Monday. They issued an “outperform” rating and a $28.00 target price for the company. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $24.25.

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ERock Price Performance

Shares of ERock 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.

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Analyst Recommendations for ERock (NYSE:EROC)

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