ERock (NYSE:EROC) Coverage Initiated by Analysts at JPMorgan Chase & Co.

Equities researchers at JPMorgan Chase & Co. began coverage on shares of ERock (NYSE:EROC) in a research report issued on Monday,Benzinga reports. The firm set an “overweight” rating and a $24.00 price target on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 53.65% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Wolfe Research assumed coverage on shares of ERock in a research note on Monday. They issued an “outperform” rating and a $24.00 price objective for the company. Bank of America started coverage on shares of ERock in a research note on Monday. They issued a “neutral” rating on the stock. Morgan Stanley began coverage on shares of ERock in a research report on Monday. They issued an “overweight” rating and a $21.00 price target for the company. Evercore started coverage on ERock in a report on Monday. They set an “outperform” rating and a $28.00 price objective on the stock. Finally, Wall Street Zen upgraded ERock to a “hold” rating in a research note on Saturday, June 20th. Four equities research 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.25.

ERock Stock Performance

Shares of NYSE:EROC opened at $15.62 on Monday. ERock has a twelve month low of $13.02 and a twelve month high of $20.70.