Deutsche Bank Aktiengesellschaft Boosts Evoke (LON:EVOK) Price Target to GBX 108

Evoke (LON:EVOK) had its price target upped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 88 ($1.19) to GBX 108 ($1.46) in a research note issued to investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 76.18% from the company’s previous close.

A number of other brokerages have also weighed in on EVOK. JPMorgan Chase & Co. increased their price objective on Evoke from GBX 80 ($1.08) to GBX 82 ($1.11) and gave the company a “neutral” rating in a report on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 95 ($1.29) target price on shares of Evoke in a report on Wednesday.

Evoke Stock Performance

Shares of EVOK stock opened at GBX 61.30 ($0.83) on Wednesday. The stock’s 50-day simple moving average is GBX 63.19 and its 200-day simple moving average is GBX 60.30. The firm has a market capitalization of £273.39 million, a PE ratio of -1.53 and a beta of 0.84. Evoke has a fifty-two week low of GBX 36.70 ($0.50) and a fifty-two week high of GBX 77.80 ($1.05).

Evoke (LON:EVOK) last announced its quarterly earnings data on Wednesday, August 13th. The company reported GBX 1.20 ($0.02) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. Sell-side analysts forecast that Evoke will post 12.7648305 earnings per share for the current year.

Insider Activity

In related news, insider Per Widerström bought 68,958 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average cost of GBX 54 ($0.73) per share, with a total value of £37,237.32 ($50,381.98). Also, insider Sean Wilkins bought 31,659 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The shares were bought at an average cost of GBX 54 ($0.73) per share, for a total transaction of £17,095.86 ($23,130.65). 27.00% of the stock is owned by company insiders.

About Evoke