European Wealth Group (LON:EWG) Receives “Buy” Rating from Jefferies Financial Group

European Wealth Group (LON:EWGGet Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 132 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 30.43% from the stock’s current price.

Separately, UBS Group restated a “neutral” rating and set a GBX 142 price objective on shares of European Wealth Group in a research note on Wednesday, March 25th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, European Wealth Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 126.

Get Our Latest Research Report on European Wealth Group

European Wealth Group Stock Down 1.5%

EWG opened at GBX 101.20 on Monday. European Wealth Group has a 12-month low of GBX 87 and a 12-month high of GBX 135. The stock has a market cap of £700.90 million and a price-to-earnings ratio of 348.97. The business has a 50 day moving average of GBX 109.99 and a 200-day moving average of GBX 111.21.

Insider Activity

In related news, insider Linda Myers purchased 59,238 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was bought 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 stock in a transaction dated Monday, June 1st. The shares were bought at an average price of GBX 113 per share, with a total value of £18,936.54. Corporate insiders own 47.59% of the company’s stock.

About European Wealth Group

(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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