Evoke (LON:EVOK) Trading 1.1% Higher – Time to Buy?

Evoke plc (LON:EVOK) rose 1.1% during trading on Wednesday . The stock traded as high as GBX 22.25 and last traded at GBX 22.10. Approximately 774,634 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 2,646,395 shares. The stock had previously closed at GBX 21.85.

Analyst Upgrades and Downgrades

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

Evoke Trading Up 1.4%

The stock has a market capitalization of £99.69 million, a price-to-earnings ratio of -0.88 and a beta of 0.84. The company has a fifty day moving average of GBX 38.19 and a two-hundred day moving average of GBX 52.41.

Evoke Company Profile