ERock (NYSE:EROC) Now Covered by Analysts at Guggenheim

Guggenheim assumed coverage on shares of ERock (NYSE:EROC) in a report released on Monday, MarketBeat.com reports. The firm issued a buy rating and a $23.00 target price on the stock.

A number of other equities analysts also recently issued reports on the stock. Evercore began coverage on shares of ERock in a report on Monday. They issued an “outperform” rating and a $28.00 price target for the company. Wolfe Research began coverage on shares of ERock in a report on Monday. They set an “outperform” rating and a $24.00 price objective on the stock. Wall Street Zen upgraded shares of ERock to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley assumed coverage on shares of ERock in a report on Monday. They issued an “overweight” rating and a $21.00 target price for the company. Finally, Bank of America assumed coverage on ERock in a research note on Monday. They set a “neutral” rating and a $16.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.62.

ERock Stock Performance

Shares of NYSE EROC traded down $0.43 during trading on Monday, hitting $13.83. 47,631 shares of the company were exchanged, compared to its average volume of 2,514,420. ERock has a 1 year low of $13.02 and a 1 year high of $20.70.