ERock (NYSE:EROC) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of ERock (NYSE:EROC) to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Several other research analysts have also recently weighed in on EROC. BNP Paribas Exane set a $22.00 target price on ERock and gave the stock an “outperform” rating in a report on Monday. Wolfe Research assumed coverage on ERock in a research note on Monday. They set an “outperform” rating and a $24.00 price objective on the stock. Morgan Stanley began coverage on shares of ERock in a research note on Monday. They issued an “overweight” rating and a $21.00 price target for the company. Evercore initiated coverage on ERock in a research note on Monday. They set an “outperform” rating and a $28.00 target price for the company. Finally, Guggenheim initiated coverage on ERock in a research report on Monday. They issued a “buy” rating and a $23.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.62.

ERock Stock Performance

Shares of NYSE EROC opened at $13.17 on Tuesday. ERock has a 12-month low of $12.76 and a 12-month high of $20.70.