ERock (NYSE:EROC) Rating Increased to Strong-Buy at Evercore

Evercore upgraded shares of ERock (NYSE:EROCFree Report) to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

Several other equities analysts have also commented on the stock. Wall Street Zen upgraded shares of ERock to a “hold” rating in a research report on Saturday, June 20th. Wolfe Research started coverage on shares of ERock in a report on Monday. They issued an “outperform” rating and a $24.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on shares of ERock in a research report on Monday. They set an “overweight” rating and a $24.00 target price on the stock. Bank of America initiated coverage on shares of ERock in a report on Monday. They issued a “neutral” rating and a $16.00 price target for the company. Finally, BNP Paribas Exane set a $22.00 price target on ERock and gave the stock an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, ERock presently has an average rating of “Buy” and a consensus price target of $22.62.

Read Our Latest Report on EROC

ERock Trading Down 6.5%

Shares of NYSE EROC traded down $0.93 during midday trading on Monday, reaching $13.33. 130,573 shares of the stock traded hands, compared to its average volume of 2,516,990. ERock has a one year low of $13.02 and a one year high of $20.70.

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Analyst Recommendations for ERock (NYSE:EROC)

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