JPMorgan Chase & Co. Issues Pessimistic Forecast for Evoke (LON:EVOK) Stock Price

Evoke (LON:EVOK) had its price objective lowered by equities researchers at JPMorgan Chase & Co. from GBX 82 to GBX 66 in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 57.14% from the company’s current price.

Several other analysts have also recently commented on EVOK. Berenberg Bank restated a “buy” rating and set a GBX 95 target price on shares of Evoke in a report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 102.25.

Evoke Stock Performance

LON EVOK opened at GBX 42 on Wednesday. The firm has a market cap of £188.87 million, a price-to-earnings ratio of -1.67 and a beta of 0.84. The company has a 50 day moving average of GBX 51.25 and a 200-day moving average of GBX 55.92. Evoke has a 1-year low of GBX 36.70 and a 1-year high of GBX 77.80.

Evoke (LON:EVOK) last released its quarterly earnings results on Wednesday, August 13th. The company reported GBX 1.20 EPS for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, analysts forecast that Evoke will post 12.7648305 earnings per share for the current year.

Evoke Company Profile