Evoke (LON:EVOK) Downgraded by Berenberg Bank to Hold

Berenberg Bank cut shares of Evoke (LON:EVOK) to a hold rating in a research note published on Thursday morning,Digital Look reports. They currently have GBX 35 target price on the stock, down from their prior target price of GBX 95.

Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reduced their price objective on shares of Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 87.25.

Evoke Trading Down 9.6%

Evoke stock traded down GBX 2.80 during midday trading on Thursday, hitting GBX 26.50. The stock had a trading volume of 8,449,295 shares, compared to its average volume of 2,564,155. The firm’s fifty day moving average is GBX 42.88 and its two-hundred day moving average is GBX 54.11. The company has a market capitalization of £119.17 million, a PE ratio of -1.06 and a beta of 0.84. Evoke has a 52-week low of GBX 26.10 and a 52-week high of GBX 77.80.

Evoke Company Profile