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

Equities researchers at Barclays initiated coverage on shares of ERock (NYSE:EROC) in a report released on Monday. The firm set an “overweight” rating and a $23.00 price target on the stock. Barclays‘s target price indicates a potential upside of 47.25% from the company’s previous close.

Several other equities research analysts also recently issued reports on the company. Wolfe Research assumed coverage on ERock in a report on Monday. They set an “outperform” rating and a $24.00 price target for the company. Guggenheim began coverage on shares of ERock in a report on Monday. They set a “buy” rating and a $23.00 price objective on the stock. Wall Street Zen upgraded shares of ERock to a “hold” rating in a research note on Saturday, June 20th. Morgan Stanley started 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. Finally, Bank of America assumed coverage on shares of ERock in a research report on Monday. They issued a “neutral” rating and a $16.00 price objective for the company. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, ERock presently has an average rating of “Moderate Buy” and an average target price of $22.62.

ERock Price Performance

Shares of EROC opened at $15.62 on Monday. ERock has a 52 week low of $13.02 and a 52 week high of $20.70.