Berenberg Bank Has Lowered Expectations for Evoke (LON:EVOK) Stock Price

Evoke (LON:EVOK) had its price objective reduced by analysts at Berenberg Bank from GBX 130 ($1.66) to GBX 90 ($1.15) in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 41.18% from the stock’s previous close.

Evoke Stock Down 1.5 %

LON:EVOK opened at GBX 63.75 ($0.81) on Wednesday. The company has a fifty day moving average of GBX 59. The company has a market cap of £286.33 million, a price-to-earnings ratio of -172.30 and a beta of 0.84. Evoke has a twelve month low of GBX 49.18 ($0.63) and a twelve month high of GBX 8,640 ($110.25).

Evoke Company Profile

Evoke plc, together with its subsidiaries, provides online betting and gaming products and solutions in the United Kingdom, Ireland Italy, Spain, and internationally. The company operates through Retail, UK Online, and International segments. It engages in the operation of gaming machines; and sports betting, casino, poker, and other gaming products, as well as offers telephone betting services.