ERock (NYSE:EROC) Upgraded by Bank of America to Buy Rating

Bank of America upgraded shares of ERock (NYSE:EROC) from a neutral rating to a buy rating in a research report released on Friday, Marketbeat Ratings reports. The brokerage currently has $16.00 price objective on the stock.

EROC has been the subject of a number of other reports. Barclays initiated coverage on shares of ERock in a research report on Monday, July 6th. They set an “overweight” rating and a $23.00 price target for the company. Wolfe Research assumed coverage on ERock in a research report on Monday, July 6th. They set an “outperform” rating and a $24.00 target price for the company. JPMorgan Chase & Co. initiated coverage on ERock in a research note on Monday, July 6th. They issued an “overweight” rating and a $24.00 target price on the stock. Guggenheim initiated coverage on ERock in a report on Monday, July 6th. They issued a “buy” rating and a $23.00 price target on the stock. Finally, Wall Street Zen raised shares of ERock to a “hold” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $22.62.

ERock Stock Up 5.8%

EROC stock opened at $10.74 on Friday. ERock has a twelve month low of $10.03 and a twelve month high of $20.70.