Evoke (LON:EVOK) Receives "Buy" Rating from 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 restated their buy rating on shares of Evoke (LON:EVOK - Free Report) in a research report released on Thursday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 95 price objective on the stock.

Other equities analysts have also recently issued reports about the company. 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 price objective on shares of Evoke from GBX 88 to GBX 108 and gave the company a "buy" rating in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Evoke presently has an average rating of "Moderate Buy" and a consensus target price of GBX 106.25.

Evoke Stock Down 1.7%

Shares of EVOK stock traded down GBX 1 during mid-day trading on Thursday, hitting GBX 58.10. 589,032 shares of the company's stock were exchanged, compared to its average volume of 2,014,007. Evoke has a fifty-two week low of GBX 36.70 and a fifty-two week high of GBX 77.80. The stock has a 50-day simple moving average of GBX 64.04 and a two-hundred day simple moving average of GBX 59.64. The stock has a market cap of £259.12 million, a price-to-earnings ratio of -1.45 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last issued 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%. As a group, analysts anticipate that Evoke will post 12.7648305 earnings per share for the current fiscal year.

Evoke Company Profile