Evoke (LON:EVOK) Shares Up 0.9% - Still a Buy?

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.

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

Analysts Set New Price Targets

Several research firms recently commented on EVOK. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 95 price objective on shares of Evoke in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of Evoke from GBX 80 to GBX 82 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Evoke from GBX 88 to GBX 108 and gave the company a "buy" rating in a research report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Evoke presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 106.25.

Evoke Stock Performance

The firm's 50-day simple moving average is GBX 63.19 and its 200 day simple moving average is GBX 58.53. The stock has a market capitalization of £263.14 million, a P/E ratio of -233.13 and a beta of 0.84.

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

Evoke Company Profile

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