Key Points
- Insider buying: Steve Dryden purchased 16,758 shares of European Wealth Group on Monday, June 1, at an average price of GBX 113 per share, totaling about £18,936.54.
- Stock performance: The shares were down 1.5% and opened at GBX 115.80, trading near their 50-day and 200-day moving averages of around GBX 110.
- Analyst sentiment: Broker coverage is mixed, with two Buy ratings and two Hold ratings, giving the stock an overall Moderate Buy consensus and a target price of GBX 126.
European Wealth Group Limited (LON:EWG - Get Free Report) insider Steve Dryden bought 16,758 shares of the stock in a transaction that occurred on 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 1.5%
EWG stock opened at GBX 115.80 on Tuesday. The firm has a 50 day moving average of GBX 110.33 and a 200 day moving average of GBX 110.04. The stock has a market capitalization of £801.92 million and a PE ratio of 399.31. European Wealth Group Limited has a 52 week low of GBX 87 and a 52 week high of GBX 135.
Wall Street Analyst Weigh In
EWG has been the subject of several research reports. Jefferies Financial Group restated a "buy" rating and set a GBX 132 price objective on shares of European Wealth Group in a research note on Wednesday, May 20th. UBS Group restated a "neutral" rating and set a GBX 142 price objective on shares of European Wealth Group in a research note on Wednesday, March 25th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 126.
Check Out Our Latest Stock Report on EWG
About European Wealth Group
(
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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