European Wealth Group (LON:EWG) Given Buy Rating at Jefferies Financial Group

European Wealth Group (LON:EWG)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 132 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 34.83% from the stock’s current price.

European Wealth Group Stock Down 1.1%

EWG opened at GBX 97.90 on Thursday. European Wealth Group has a twelve month low of GBX 87 and a twelve month high of GBX 135. The company has a market capitalization of £681.30 million and a price-to-earnings ratio of -199.80. The firm has a 50-day moving average price of GBX 100.87 and a 200-day moving average price of GBX 105.22.

Insider Transactions at European Wealth Group

In related news, insider Steve Dryden purchased 30,857 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were purchased at an average cost of GBX 97 per share, for a total transaction of £29,931.29. Also, insider Morgan Seigler sold 30,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total transaction of £30,000,000. 47.37% of the stock is owned by insiders.

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.