ERock (NYSE:EROC) Rating Increased to Strong-Buy at Evercore

ERock (NYSE:EROC) was upgraded by stock analysts at Evercore to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley initiated coverage on shares of ERock in a research note on Monday. They set an “overweight” rating and a $21.00 price objective on the stock. BNP Paribas Exane set a $22.00 price target on shares of ERock and gave the stock an “outperform” rating in a report on Monday. Wolfe Research started coverage on shares of ERock in a report on Monday. They set an “outperform” rating and a $24.00 price target for the company. JPMorgan Chase & Co. started coverage on shares of ERock in a research report on Monday. They set an “overweight” rating and a $24.00 price target on the stock. Finally, Bank of America assumed coverage on shares of ERock in a research note on Monday. They issued a “neutral” rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $22.62.

ERock Stock Performance

Shares of NYSE EROC traded down $0.94 during mid-day trading on Monday, reaching $13.32. The company had a trading volume of 126,898 shares, compared to its average volume of 2,516,990. ERock has a one year low of $13.02 and a one year high of $20.70.