Trustpilot Group’s (TRST) Buy Rating Reiterated at Berenberg Bank
by Teresa Graham · The Cerbat GemBerenberg Bank restated their buy rating on shares of Trustpilot Group (LON:TRST – Free Report) in a research note released on Wednesday,Digital Look reports. They currently have a GBX 315 price target on the stock.
Trustpilot Group Price Performance
Shares of TRST opened at GBX 223.60 on Wednesday. The firm has a market capitalization of £859.97 million, a price-to-earnings ratio of 124.22 and a beta of 0.51. The firm’s fifty day simple moving average is GBX 270.96 and its 200-day simple moving average is GBX 244.30. Trustpilot Group has a twelve month low of GBX 125.40 and a twelve month high of GBX 299.80. The company has a current ratio of 0.40, a quick ratio of 1.71 and a debt-to-equity ratio of -45.48.
Insider Transactions at Trustpilot Group
In related news, insider Zillah Byng-Thorne bought 17,854 shares of the company’s stock in a transaction dated Thursday, September 17th. The shares were acquired at an average price of GBX 223 per share, with a total value of £39,814.42. Also, insider Adrian Blair acquired 99,381 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was purchased at an average cost of GBX 217 per share, for a total transaction of £215,656.77. Over the last quarter, insiders acquired 190,417 shares of company stock worth $41,462,993. Company insiders own 13.53% of the company’s stock.
More Trustpilot Group News
Here are the key news stories impacting Trustpilot Group this week:
- Positive Sentiment: Insiders bought a combined 190,417 shares worth approximately £414,630 across transactions dated September 16–17. Adrian Blair purchased 99,381 shares at GBX 217, Zillah Byng-Thorne bought 27,746 shares at GBX 215 and another 17,854 shares at GBX 223, and Marcus Roy acquired 45,436 shares at GBX 219. These purchases may reinforce investor confidence in Trustpilot’s outlook. Trustpilot Group insider buying report
- Positive Sentiment: Deutsche Bank reiterated a “buy” rating and assigned a GBX 375 price target, while Berenberg reaffirmed its “buy” rating with a GBX 315 target. Four analysts currently rate the stock Buy, with a consensus target of GBX 351.25, implying substantial upside from recent levels. Deutsche Bank buy rating Berenberg buy rating
- Positive Sentiment: UBS also issued a Buy recommendation for Trustpilot, adding to the broadly bullish sell-side view. UBS Buy recommendation
- Negative Sentiment: Despite the positive catalysts, Trustpilot trades at a high valuation—roughly 124 times earnings—and remains below its 50-day and 200-day moving averages. This leaves the stock sensitive to any disappointment in growth or future results.
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.
See Also
- Five stocks we like better than Trustpilot Group
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons