Evoke's (EVOK) "Buy" Rating Reaffirmed at Berenberg Bank

Key Points

• Berenberg Bank has reiterated a "buy" rating for Evoke (LON:EVOK) with a price target of GBX 95, indicating a potential upside of 59.93% from its previous close.
• Other analysts, including Deutsche Bank and JPMorgan Chase, have also rated Evoke with a consensus rating of "Moderate Buy" and an average price target of GBX 106.25.
• Evoke's stock currently has a market cap of £264.92 million, with a 52-week low of GBX 36.70 and a high of GBX 77.80.

Berenberg Bank reissued their buy rating on shares of Evoke (LON:EVOK - Free Report) in a research note released on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 95 price objective on the stock.

Several other equities analysts have also weighed in on EVOK. JPMorgan Chase & Co. increased their target price on Evoke from GBX 80 to GBX 82 and gave the company a "neutral" rating in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft increased their target price on Evoke from GBX 88 to GBX 108 and gave the company a "buy" rating in a research note on Wednesday, August 13th. Three 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, Evoke currently has an average rating of "Moderate Buy" and an average target price of GBX 106.25.

Evoke Trading Up 0.5%

Evoke stock traded up GBX 0.30 during mid-day trading on Thursday, hitting GBX 59.10. The stock had a trading volume of 472,888 shares, compared to its average volume of 2,022,749. The stock has a 50-day simple moving average of GBX 63.99 and a two-hundred day simple moving average of GBX 59.78. The stock has a market capitalization of £263.58 million, a PE ratio of -1.48 and a beta of 0.84. Evoke has a 12 month low of GBX 36.70 and a 12 month high of GBX 77.80.

Evoke (LON:EVOK - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported GBX 1.20 earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. Sell-side analysts expect that Evoke will post 12.7648305 earnings per share for the current fiscal year.

Evoke Company Profile