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

European Wealth Group (LON:EWGGet Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 132 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 31.21% from the company’s previous close.

European Wealth Group Price Performance

Shares of European Wealth Group stock opened at GBX 100.60 on Tuesday. European Wealth Group has a 1 year low of GBX 87 and a 1 year high of GBX 135. The firm has a market cap of £699.97 million and a PE ratio of 346.90. The company has a 50 day simple moving average of GBX 104.60 and a two-hundred day simple moving average of GBX 107.54.

Insider Buying and Selling at European Wealth Group

In other news, insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total transaction of £30,000,000. Company 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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