Evoke (LON:EVOK) Trading Up 14.2% – Time to Buy?

by · The Cerbat Gem

Evoke plc (LON:EVOK – Get Free Report)’s stock price was up 14.2% on Wednesday . The stock traded as high as GBX 25 and last traded at GBX 24.95. Approximately 8,166,814 shares traded hands during trading, an increase of 205% from the average daily volume of 2,677,196 shares. The stock had previously closed at GBX 21.85.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Berenberg Bank downgraded Evoke to a “hold” rating and decreased their price objective for the company from GBX 95 to GBX 35 in a report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Evoke from GBX 66 to GBX 34 and set a “neutral” rating on the stock in a report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 79.25.

View Our Latest Analysis on EVOK

Evoke Price Performance

The business’s fifty day moving average price is GBX 37.68 and its two-hundred day moving average price is GBX 52.21. The stock has a market capitalization of £112.24 million, a PE ratio of -0.99 and a beta of 0.84.

Evoke Company Profile

(Get Free Report)

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