Berenberg Bank Issues Positive Forecast for Evoke (LON:EVOK) Stock Price

Evoke (LON:EVOK - Get Free Report) had its price target lifted by stock analysts at Berenberg Bank from GBX 90 ($1.22) to GBX 95 ($1.29) in a report released on Tuesday, MarketBeat reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's target price suggests a potential upside of 38.89% from the company's previous close.

Separately, JPMorgan Chase & Co. upped their target price on shares of Evoke from GBX 77 ($1.05) to GBX 80 ($1.09) and gave the stock a "neutral" rating in a research note on Thursday, July 10th.

Evoke Stock Performance

LON EVOK traded down GBX 2.10 ($0.03) on Tuesday, reaching GBX 68.40 ($0.93). The company had a trading volume of 2,916,385 shares, compared to its average volume of 2,106,467. The firm has a market capitalization of £305.05 million, a price-to-earnings ratio of -1.71 and a beta of 0.84. Evoke has a 1-year low of GBX 36.70 ($0.50) and a 1-year high of GBX 77.80 ($1.06). The company's fifty day moving average is GBX 59 and its 200-day moving average is GBX 60.12.

Insider Transactions at Evoke

In related news, insider Per Widerström bought 68,958 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average price of GBX 54 ($0.73) per share, with a total value of £37,237.32 ($50,594.18). Also, insider Sean Wilkins bought 31,659 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average cost of GBX 54 ($0.73) per share, for a total transaction of £17,095.86 ($23,228.07). In the last ninety days, insiders purchased 202,269 shares of company stock worth $10,515,918. 27.00% of the stock is owned by company insiders.

About Evoke