Trustpilot Group (LON:TRST) Trading 15.1% Higher - Should You Buy?

Key Points

• Trustpilot Group plc stock surged by 15.1% on Tuesday, reaching a price of GBX 230.80, significantly up from its previous close of GBX 200.60.
• Analysts have mixed ratings on the stock, with two rating it as a Buy and one as a Sell, while the average target price is set at GBX 340.
• Insider sales of company shares have been reported, with Peter Holten Mühlmann selling 250,000 shares at GBX 230, totaling £575,000.

Trustpilot Group plc (LON:TRST - Get Free Report)'s stock price traded up 15.1% on Tuesday . The stock traded as high as GBX 232.80 ($3.17) and last traded at GBX 230.80 ($3.14). 39,406,996 shares were traded during trading, an increase of 1,094% from the average session volume of 3,299,428 shares. The stock had previously closed at GBX 200.60 ($2.73).

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Berenberg Bank reissued a "buy" rating and set a GBX 420 price objective on shares of Trustpilot Group in a report on Tuesday, July 15th. UBS Group restated a "buy" rating and set a GBX 400 target price on shares of Trustpilot Group in a research report on Friday, September 5th. Finally, Panmure Gordon started coverage on Trustpilot Group in a research report on Monday, June 9th. They set a "sell" rating and a GBX 200 target price for the company. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of GBX 340.

Trustpilot Group Stock Up 15.0%

The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71. The company has a market capitalization of £939.71 million, a price-to-earnings ratio of 16,471.43 and a beta of 1.02. The firm has a 50-day moving average price of GBX 230.99 and a two-hundred day moving average price of GBX 233.02.

Insider Transactions at Trustpilot Group

In related news, insider Peter Holten Mühlmann sold 250,000 shares of the company's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of GBX 230, for a total transaction of £575,000. Insiders own 17.61% of the company's stock.

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.

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