Jefferies Financial Group Reaffirms “Buy” Rating for European Wealth Group (LON:EWG)

European Wealth Group (LON:EWG – Get Free Report)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report issued on Thursday, Digital Look reports. They currently have a GBX 132 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 29.41% from the company’s current price.

European Wealth Group Stock Performance

Shares of LON EWG opened at GBX 102 on Thursday. European Wealth Group has a 52 week low of GBX 87 and a 52 week high of GBX 135. The stock has a market capitalization of £709.83 million and a P/E ratio of -208.16. The stock’s fifty day moving average is GBX 100.71 and its 200 day moving average is GBX 105.24.

Insider Activity

In other European Wealth Group news, insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were 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 company’s stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of GBX 97 per share, with a total value of £29,931.29. Corporate insiders own 47.37% of the company’s stock.

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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