ERock (NYSE:EROC) Coverage Initiated by Analysts at Wolfe Research

Wolfe Research assumed coverage on shares of ERock (NYSE:EROC) in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $24.00 price target on the stock. Wolfe Research’s price target would indicate a potential upside of 53.65% from the stock’s previous close.

EROC has been the topic of a number of other research reports. Wall Street Zen upgraded ERock to a “hold” rating in a research note on Saturday, June 20th. Evercore began coverage on ERock in a research note on Monday. They issued an “outperform” rating and a $28.00 target price for the company. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.25.

ERock Trading Up 1.0%

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