European Wealth Group’s (EWG) Buy Rating Reiterated at Jefferies Financial Group

European Wealth Group (LON:EWG)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Thursday, Digital Look reports. They currently have a GBX 132 target price on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 29.67% from the company’s previous close.

European Wealth Group Price Performance

Shares of European Wealth Group stock opened at GBX 101.80 on Thursday. European Wealth Group has a fifty-two week low of GBX 87 and a fifty-two week high of GBX 135. The company has a market cap of £708.44 million and a PE ratio of -207.76. The firm has a fifty day moving average price of GBX 100.71 and a two-hundred day moving average price of GBX 105.20.

Insider Activity at European Wealth Group

In other European Wealth Group news, insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of GBX 100, for a total value of £30,000,000. Also, insider Steve Dryden bought 30,857 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of GBX 97 per share, for a total transaction of £29,931.29. Insiders own 47.37% of the company’s stock.

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.