Insider Buying: European Wealth Group (LON:EWG) Insider Acquires 59,238 Shares of Stock

Key Points

• Insider purchase: Director Linda Myers acquired 59,238 shares on April 21 at GBX 118 per share, a transaction totalling £69,900.84.
• Shares opened at GBX 120.60 with a market cap of £835.07m and a high price-to-earnings ratio of P/E 415.86, trading in a one-year range of GBX 87–135.
• Analyst coverage is split (two Buy, two Hold) with a consensus rating of Moderate Buy and an average price target of GBX 126.

European Wealth Group Limited (LON:EWG - Get Free Report) insider Linda Myers acquired 59,238 shares of the company's stock in a transaction on Tuesday, April 21st. The shares were purchased at an average cost of GBX 118 per share, for a total transaction of £69,900.84.

European Wealth Group Stock Performance

Shares of EWG stock opened at GBX 120.60 on Thursday. The stock's 50-day moving average is GBX 111.32 and its two-hundred day moving average is GBX 106.67. The firm has a market cap of £835.07 million and a price-to-earnings ratio of 415.86. European Wealth Group Limited has a 1 year low of GBX 87 and a 1 year high of GBX 135.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. UBS Group reaffirmed a "neutral" rating and set a GBX 142 price objective 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 price objective on shares of European Wealth Group in a report on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target 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.

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