Evoke (LON:EVOK) Trading Up 0.7% – Here’s Why

Evoke plc (LON:EVOK)’s stock price was up 0.7% during mid-day trading on Friday . The stock traded as high as GBX 27.90 and last traded at GBX 27.75. Approximately 656,079 shares traded hands during trading, a decline of 69% from the average daily volume of 2,133,961 shares. The stock had previously closed at GBX 27.55.

Analysts Set New Price Targets

A number of brokerages have weighed in on EVOK. Deutsche Bank Aktiengesellschaft lowered Evoke to a “hold” rating and decreased their target price for the stock from GBX 108 to GBX 35 in a research note on Friday, January 23rd. JPMorgan Chase & Co. cut their price objective on Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a report on Tuesday, December 2nd. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 33 price objective on shares of Evoke in a research report on Tuesday, January 20th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Evoke currently has an average rating of “Hold” and a consensus price target of GBX 34.

Evoke Stock Up 0.7%

The company has a market capitalization of £124.84 million, a PE ratio of -1.11 and a beta of 1.28. The firm’s 50-day moving average is GBX 26.71 and its 200-day moving average is GBX 35.39.

About Evoke