Evoke (LON:EVOK) Receives "Buy" Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Evoke (LON:EVOK - Free Report) in a research report released on Monday, Marketbeat.com reports. The brokerage currently has a GBX 90 ($1.21) price target on the stock.

Separately, JPMorgan Chase & Co. upped their price objective on Evoke from GBX 77 ($1.03) to GBX 80 ($1.07) and gave the company a "neutral" rating in a research report on Thursday, July 10th.

Evoke Stock Performance

Evoke stock traded down GBX 2.10 ($0.03) during mid-day trading on Monday, hitting GBX 62.50 ($0.84). The company's stock had a trading volume of 1,910,865 shares, compared to its average volume of 2,060,255. The company has a 50 day moving average of GBX 57.96 and a 200-day moving average of GBX 59.98. The stock has a market cap of £278.74 million, a PE ratio of -1.56 and a beta of 0.84. Evoke has a one year low of GBX 36.70 ($0.49) and a one year high of GBX 77.80 ($1.04).

Insiders Place Their Bets

In other news, insider Sean Wilkins purchased 101,652 shares of the company's stock in a transaction dated Wednesday, April 30th. The shares were acquired at an average price of GBX 50 ($0.67) per share, with a total value of £50,826 ($68,222.82). Also, insider Per Widerström purchased 68,958 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were purchased at an average cost of GBX 54 ($0.72) per share, for a total transaction of £37,237.32 ($49,982.98). Insiders have bought a total of 202,269 shares of company stock worth $10,515,918 in the last three months. Corporate insiders own 27.00% of the company's stock.

About Evoke