European Wealth Group (LON:EWG) Earns Buy Rating from Jefferies Financial Group

European Wealth Group (LON:EWGGet Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Monday,Digital Look reports. They presently have a GBX 132 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 30.43% from the company’s previous close.

Separately, UBS Group reiterated a “neutral” rating and set a GBX 142 target price on shares of European Wealth Group in a research report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, European Wealth Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 126.

Get Our Latest Stock Report on European Wealth Group

European Wealth Group Price Performance

EWG opened at GBX 101.20 on Monday. The firm has a 50 day simple moving average of GBX 109.99 and a 200 day simple moving average of GBX 111.21. 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 £700.90 million and a price-to-earnings ratio of 348.97.

Insider Transactions at European Wealth Group

In related news, insider Linda Myers purchased 59,238 shares of the stock in a transaction on Tuesday, April 21st. The shares were purchased at an average price of GBX 118 per share, with a total value of £69,900.84. Also, insider Steve Dryden acquired 16,758 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were bought at an average price of GBX 113 per share, for a total transaction of £18,936.54. 47.59% of the stock is currently owned by insiders.

European Wealth Group Company Profile

(Get Free Report)

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.

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