Trustpilot Group (LON:TRST) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 375 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 37.87% from the company’s previous close.

A number of other equities research analysts have also recently commented on TRST. Royal Bank Of Canada increased their target price on Trustpilot Group from GBX 290 to GBX 305 and gave the company an “outperform” rating in a report on Wednesday, April 1st. Berenberg Bank upped their price objective on Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Finally, UBS Group restated a “buy” rating and issued a GBX 410 target price on shares of Trustpilot Group in a report on Tuesday. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Trustpilot Group currently has an average rating of “Moderate Buy” and an average price target of GBX 321.

Trustpilot Group Price Performance

Shares of TRST stock traded up GBX 4 during trading hours on Thursday, hitting GBX 272. The company’s stock had a trading volume of 872,105 shares, compared to its average volume of 17,622,906. The company has a current ratio of 0.57, a quick ratio of 1.71 and a debt-to-equity ratio of -269.41. The business has a fifty day moving average of GBX 206.90 and a 200-day moving average of GBX 188.71. Trustpilot Group has a twelve month low of GBX 125.40 and a twelve month high of GBX 289.40. The stock has a market cap of £1.05 billion, a price-to-earnings ratio of 151.11 and a beta of 0.35.

Insider Transactions at Trustpilot Group

In other news, insider Hanno Damm sold 200,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 210, for a total transaction of £420,000. Also, insider Mohammed Anjarwala bought 180,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was bought at an average cost of GBX 258 per share, for a total transaction of £464,400. Insiders have sold 22,205,420 shares of company stock worth $4,760,293,880 over the last quarter. 18.55% of the stock is currently owned by 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.