European Wealth Group (LON:EWG) Given Buy Rating at Jefferies Financial Group

European Wealth Group (LON:EWG)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 132 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 22.22% from the company’s previous close.

Separately, UBS Group reissued a “neutral” rating and set a GBX 142 price objective on shares of European Wealth Group in a research report on Wednesday, March 25th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 126.

European Wealth Group Price Performance

Shares of LON EWG traded up GBX 3.50 during mid-day trading on Tuesday, hitting GBX 108. The company had a trading volume of 96,810 shares, compared to its average volume of 17,673,850. European Wealth Group has a 1-year low of GBX 87 and a 1-year high of GBX 135. The company has a market capitalization of £747.82 million and a PE ratio of 69.23. The business’s 50-day simple moving average is GBX 115.27 and its 200 day simple moving average is GBX 104.90.

European Wealth Group Company Profile

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.