Trustpilot Group (LON:TRST) Price Target Raised to GBX 305
by Scott Moore · The Cerbat GemTrustpilot Group (LON:TRST – Free Report) had its price target increased by Royal Bank Of Canada from GBX 290 to GBX 305 in a report released on Wednesday,London Stock Exchange reports. They currently have an outperform rating on the stock.
A number of other analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Berenberg Bank lifted their price target on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 319.
Get Our Latest Analysis on Trustpilot Group
Trustpilot Group Stock Performance
Shares of LON:TRST opened at GBX 204.64 on Wednesday. The business’s 50-day simple moving average is GBX 172.58 and its 200 day simple moving average is GBX 186.15. The company has a market cap of £800.40 million, a P/E ratio of -1.73 and a beta of 0.73. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. Trustpilot Group has a one year low of GBX 125.40 and a one year high of GBX 289.40.
Insider Activity
In other Trustpilot Group news, insider Peter Holten Mühlmann sold 359,000 shares of Trustpilot Group stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of GBX 239, for a total value of £858,010. Also, insider Mohammed Anjarwala sold 21,593,420 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of GBX 214, for a total transaction of £46,209,918.80. In the last ninety days, insiders sold 22,205,420 shares of company stock worth $4,760,293,880. 18.55% of the stock is currently owned by insiders.
About Trustpilot Group
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.