Evoke (LON:EVOK) Stock Price Up 14.2% – Should You Buy?

by · The Markets Daily

Evoke plc (LON:EVOK – Get Free Report) rose 14.2% on Wednesday . The stock traded as high as GBX 25 and last traded at GBX 24.95. Approximately 8,166,814 shares changed 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 Ratings Changes

Several analysts recently weighed in on EVOK shares. JPMorgan Chase & Co. decreased their target price on Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a research note on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research report on Wednesday, August 13th. Finally, Berenberg Bank downgraded shares of Evoke to a “hold” rating and lowered their price objective for the stock from GBX 95 to GBX 35 in a research note on Thursday, November 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Evoke has a consensus rating of “Moderate Buy” and a consensus target price of GBX 79.25.

Get Our Latest Stock Analysis on Evoke

Evoke Stock Up 14.2%

The firm has a market capitalization of £112.24 million, a P/E ratio of -0.99 and a beta of 0.84. The business’s 50 day moving average is GBX 38.19 and its 200-day moving average is GBX 52.41.

About Evoke

(Get Free Report)

See Also