Shares of Evoke plc (LON:EVOK – Get Free Report) were down 18.3% on Wednesday . The company traded as low as GBX 28.95 and last traded at GBX 30.55. Approximately 13,659,472 shares traded hands during trading, an increase of 441% from the average daily volume of 2,525,340 shares. The stock had previously closed at GBX 37.40.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. cut their price target on Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Finally, Berenberg Bank lowered shares of Evoke to a “hold” rating and decreased their price objective for the stock from GBX 95 to GBX 35 in a report on Thursday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 87.25.
Read Our Latest Research Report on Evoke
Evoke Price Performance
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