Evoke (LON:EVOK) Rating Lowered to Hold at Berenberg Bank

Evoke (LON:EVOK) was downgraded by research analysts at Berenberg Bank to a “hold” rating in a report released on Thursday, Marketbeat reports. They presently have a GBX 35 price target on the stock, down from their previous price target of GBX 95. Berenberg Bank’s target price points to a potential upside of 32.08% from the stock’s current price.

Several other research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. dropped their price target on shares of Evoke from GBX 82 to GBX 66 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft lifted 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. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 87.25.

Evoke Trading Down 9.6%

EVOK opened at GBX 26.50 on Thursday. The company’s 50 day moving average is GBX 42.33 and its 200 day moving average is GBX 53.93. The company has a market cap of £119.17 million, a price-to-earnings ratio of -1.06 and a beta of 0.84. Evoke has a 12-month low of GBX 26.10 and a 12-month high of GBX 77.80.

Evoke Company Profile