JPMorgan Chase & Co. Cuts Evoke (LON:EVOK) Price Target to GBX 34

Evoke (LON:EVOK) had its price objective cut by JPMorgan Chase & Co. from GBX 66 to GBX 34 in a research note released on Tuesday, Marketbeat reports. They currently have a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Berenberg Bank cut shares of Evoke to a “hold” rating and dropped their price target for the company from GBX 95 to GBX 35 in a research report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 79.25.

Evoke Trading Down 7.3%

EVOK opened at GBX 23.55 on Tuesday. Evoke has a 1-year low of GBX 23.25 and a 1-year high of GBX 77.80. The company has a market cap of £105.92 million, a price-to-earnings ratio of -0.94 and a beta of 0.84. The company’s fifty day moving average price is GBX 40.07 and its two-hundred day moving average price is GBX 53.13.

About Evoke