ERock, Inc. (NYSE:EROC) Receives Consensus Rating of “Buy” from Analysts

Shares of ERock, Inc. (NYSE:EROC) have received an average rating of “Buy” from the nine ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $22.6250.

Several research firms have recently weighed in on EROC. Wall Street Zen upgraded shares of ERock to a “hold” rating in a research note on Saturday, June 20th. Bank of America raised ERock from a “neutral” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Friday, July 17th. Guggenheim initiated coverage on ERock in a research note on Monday, July 6th. They set a “buy” rating and a $23.00 price objective on the stock. Morgan Stanley assumed coverage on ERock in a research report on Monday, July 6th. They issued an “overweight” rating and a $21.00 target price for the company. Finally, BNP Paribas Exane set a $22.00 price target on ERock and gave the company an “outperform” rating in a report on Monday, July 6th.

ERock Stock Performance

EROC opened at $10.29 on Friday. ERock has a 12-month low of $8.88 and a 12-month high of $20.70. The company has a fifty day moving average of $13.45.

ERock Company Profile

ERock Inc provide onsite power solutions. ERock Inc is based in HOUSTON.