Insider Buying: European Wealth Group (LON:EWG) Insider Acquires 16,758 Shares of Stock

European Wealth Group Limited (LON:EWG) insider Steve Dryden purchased 16,758 shares of European Wealth Group stock in a transaction dated Monday, June 1st. The stock was bought at an average price of GBX 113 per share, with a total value of £18,936.54.

European Wealth Group Stock Down 1.9%

Shares of LON:EWG traded down GBX 2.20 during midday trading on Monday, reaching GBX 115.40. 277,214 shares of the company traded hands, compared to its average volume of 10,975,147. The firm’s fifty day moving average price is GBX 110.06 and its two-hundred day moving average price is GBX 109.88. The firm has a market capitalization of £799.15 million and a price-to-earnings ratio of 397.93. European Wealth Group Limited has a 12 month low of GBX 87 and a 12 month high of GBX 135.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EWG. UBS Group reissued a “neutral” rating and issued a GBX 142 price target on shares of European Wealth Group in a report on Wednesday, March 25th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 132 target price on shares of European Wealth Group in a report on Wednesday, May 20th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 126.

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.