JPMorgan Chase & Co. Begins Coverage on ERock (NYSE:EROC)

Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of ERock (NYSE:EROC) in a research report issued on Monday,Benzinga reports. The firm set an “overweight” rating and a $24.00 price target on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 53.65% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley assumed coverage on shares of ERock in a report on Monday. They issued an “overweight” rating and a $21.00 price target for the company. Wolfe Research initiated coverage on ERock in a report on Monday. They issued an “outperform” rating and a $24.00 price target on the stock. Evercore started coverage on ERock in a research report on Monday. They set an “outperform” rating and a $28.00 price objective for the company. Bank of America started coverage on ERock in a report on Monday. They set a “neutral” rating for the company. Finally, Wall Street Zen raised ERock to a “hold” rating in a research report on Saturday, June 20th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $24.25.

ERock Stock Up 1.0%

NYSE EROC opened at $15.62 on Monday. ERock has a one year low of $13.02 and a one year high of $20.70.