ERock, Inc. (NYSE:EROC) Receives Average Recommendation of “Buy” from Brokerages

Shares of ERock, Inc. (NYSE:EROC) have been given an average rating of “Buy” by the nine analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $22.6250.

Several equities research analysts have commented on EROC shares. Wall Street Zen upgraded shares of ERock to a “hold” rating in a research note on Saturday, June 20th. Zacks Research upgraded ERock to a “hold” rating in a research report on Tuesday, July 7th. BNP Paribas Exane set a $22.00 target price on ERock and gave the company an “outperform” rating in a research note on Monday, July 6th. Guggenheim initiated coverage on ERock in a research note on Monday, July 6th. They issued a “buy” rating and a $23.00 price target for the company. Finally, Wolfe Research started coverage on ERock in a report on Monday, July 6th. They set an “outperform” rating and a $24.00 price target on the stock.

ERock Stock Up 10.2%

EROC stock opened at $9.91 on Friday. ERock has a fifty-two week low of $8.88 and a fifty-two week high of $20.70.