Trustpilot Group’s (TRST) “Buy” Rating Reiterated at UBS Group

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

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

Trustpilot Group Trading Up 2.9%

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

Insider Buying and Selling

In related news, insider Hanno Damm sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 210, for a total value of £420,000. Also, insider Mohammed Anjarwala bought 180,000 shares of Trustpilot Group stock in a transaction that occurred on Wednesday, April 22nd. The stock was bought at an average price of GBX 258 per share, with a total value of £464,400. 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.