UBS Group Reaffirms “Neutral” Rating for European Wealth Group (LON:EWG)

European Wealth Group (LON:EWG)‘s stock had its “neutral” rating reaffirmed by investment analysts at UBS Group in a research note issued on Wednesday, MarketBeat reports. They currently have a GBX 142 price objective on the stock. UBS Group’s price objective indicates a potential upside of 32.71% from the stock’s current price.

European Wealth Group Stock Up 8.3%

Shares of EWG opened at GBX 107 on Wednesday. European Wealth Group has a 52-week low of GBX 87 and a 52-week high of GBX 135. The company has a 50-day simple moving average of GBX 116.78 and a 200-day simple moving average of GBX 104.93. The company has a market capitalization of £740.90 million and a PE ratio of 68.59.

About European Wealth Group

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.