Trustpilot Group (LON:TRST) Price Target Raised to GBX 315

Trustpilot Group (LON:TRST) had its price objective boosted by investment analysts at Berenberg Bank from GBX 300 to GBX 315 in a research note issued on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 32.91% from the stock’s current price.

Separately, Royal Bank Of Canada restated an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 316.

Trustpilot Group Stock Up 2.0%

LON TRST traded up GBX 4.60 on Wednesday, reaching GBX 237. The stock had a trading volume of 322,069,281 shares, compared to its average volume of 15,105,561. The business has a 50 day moving average price of GBX 171.61 and a 200 day moving average price of GBX 185.16. Trustpilot Group has a 1 year low of GBX 125.40 and a 1 year high of GBX 289.40. The company has a market capitalization of £926.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.73. The company has a current ratio of 0.97, a quick ratio of 1.71 and a debt-to-equity ratio of 65.07.

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.