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Evoke (LON:EVOK) Shares Up 0.9% - Here's Why

Evoke logo with Consumer Cyclical background

Key Points

  • Evoke plc shares rose by 0.9% to GBX 58.52 with a trading volume significantly lower than the average.
  • Analysts have set price targets for Evoke shares ranging from GBX 82 to GBX 108, maintaining a consensus rating of "Moderate Buy."
  • The company reported a negative net margin of 8.50% and a projected earnings per share of 12.76 for the current fiscal year.
  • Five stocks to consider instead of Evoke.

Evoke plc (LON:EVOK - Get Free Report) rose 0.9% on Thursday . The company traded as high as GBX 60.10 ($0.82) and last traded at GBX 58.52 ($0.80). Approximately 711,944 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 2,054,012 shares. The stock had previously closed at GBX 58 ($0.79).

Wall Street Analysts Forecast Growth

EVOK has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price objective 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 boosted their price objective on Evoke from GBX 88 to GBX 108 and gave the company a "buy" rating in a research note on Wednesday, August 13th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 95 price objective on shares of Evoke in a research note on Thursday, August 21st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Evoke currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 106.25.

Get Our Latest Report on Evoke

Evoke Stock Down 1.8%

The stock has a fifty day moving average of GBX 62.57 and a two-hundred day moving average of GBX 58.21. The stock has a market cap of £251.83 million, a price-to-earnings ratio of -223.11 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last announced its quarterly earnings data 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%. On average, research analysts expect that Evoke plc will post 12.7648305 EPS for the current year.

Evoke Company Profile

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Further Reading

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