Bank of America began coverage on shares of ERock (NYSE:EROC – Free Report) in a research report sent to investors on Monday, Marketbeat reports. The brokerage issued a neutral rating and a $16.00 price objective on the stock.
A number of other research firms have also weighed in on EROC. Evercore initiated coverage on shares of ERock in a research note on Monday. They issued an “outperform” rating and a $28.00 price objective for the company. Wall Street Zen raised shares of ERock to a “hold” rating in a research report on Saturday, June 20th. Finally, Wolfe Research assumed coverage on shares of ERock in a research note on Monday. They set an “outperform” rating and a $24.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.62.
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