Evoke (LON:EVOK) Given “Buy” Rating at Berenberg Bank

Evoke (LON:EVOK)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 95 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 59.93% from the company’s previous close.

EVOK has been the topic of several other reports. Deutsche Bank Aktiengesellschaft raised their target price on Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. boosted their price target on Evoke from GBX 80 to GBX 82 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 106.25.

Evoke Stock Down 0.3%

EVOK stock opened at GBX 59.40 on Thursday. The stock has a market cap of £264.92 million, a PE ratio of -1.48 and a beta of 0.84. The firm’s 50-day simple moving average is GBX 63.77 and its 200 day simple moving average is GBX 60.01. Evoke has a fifty-two week low of GBX 36.70 and a fifty-two week high of GBX 77.80.

Evoke (LON:EVOK) last posted its 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%. Equities analysts forecast that Evoke will post 12.7648305 EPS for the current fiscal year.

Insider Buying and Selling

In other Evoke news, insider Sean Wilkins purchased 31,659 shares of the firm’s stock in a transaction on Friday, May 23rd. The shares were purchased at an average price of GBX 54 per share, for a total transaction of £17,095.86. Also, insider Per Widerström acquired 68,958 shares of the business’s stock in a transaction dated Friday, May 23rd. The shares were bought at an average price of GBX 54 per share, with a total value of £37,237.32. 27.00% of the stock is owned by insiders.

About Evoke