Trustpilot Group (LON:TRST) Earns Buy Rating from UBS Group

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating reaffirmed by stock analysts at UBS Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They presently have a GBX 410 price objective on the stock. UBS Group’s target price would indicate a potential upside of 52.42% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on TRST. Berenberg Bank lifted their price objective on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Royal Bank Of Canada boosted their price target on shares of Trustpilot Group from GBX 290 to GBX 305 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Trustpilot Group has an average rating of “Moderate Buy” and a consensus price target of GBX 321.

Trustpilot Group Price Performance

Shares of LON TRST opened at GBX 269 on Tuesday. Trustpilot Group has a fifty-two week low of GBX 125.40 and a fifty-two week high of GBX 289.40. The firm’s 50-day simple moving average is GBX 201.65 and its 200 day simple moving average is GBX 187.90. The company has a quick ratio of 1.71, a current ratio of 0.57 and a debt-to-equity ratio of -269.41. The stock has a market cap of £1.04 billion, a P/E ratio of 149.44 and a beta of 0.35.

Insiders Place Their Bets

In other Trustpilot Group news, insider Hanno Damm sold 200,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 210, for a total value of £420,000. Also, insider Peter Holten Mühlmann sold 359,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of GBX 239, for a total transaction of £858,010. Over the last three months, insiders have sold 22,205,420 shares of company stock worth $4,760,293,880. 18.55% of the stock is owned by corporate insiders.

Trustpilot Group Company Profile

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve.

Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.