European Wealth Group’s (EWG) Buy Rating Reiterated at Jefferies Financial Group

European Wealth Group (LON:EWG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 132 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 31.21% from the company’s current price.

European Wealth Group Trading Up 0.6%

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 capitalization of £699.97 million and a PE ratio of 346.90. The firm’s 50 day simple moving average is GBX 104.60 and its 200 day simple moving average is GBX 107.54.

Insider Buying and Selling at European Wealth Group

In other news, insider Morgan Seigler sold 30,000,000 shares of the company’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total value of £30,000,000. Insiders own 47.37% of the company’s stock.

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.