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

Jefferies Financial Group reissued their buy rating on shares of European Wealth Group (LON:EWG) in a report issued on Tuesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 132 price objective on the stock.

European Wealth Group Stock Down 3.2%

Shares of European Wealth Group stock opened at GBX 94.10 on Tuesday. The company has a market capitalization of £654.74 million and a price-to-earnings ratio of 324.48. The stock’s 50-day simple moving average is GBX 104.11 and its 200-day simple moving average is GBX 107.04. European Wealth Group has a 52 week low of GBX 87 and a 52 week high of GBX 135.

Insider Transactions at European Wealth Group

In related news, insider Morgan Seigler sold 30,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of GBX 100, for a total value of £30,000,000. Company insiders own 47.37% of the company’s stock.

European Wealth Group Company Profile

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.