Trustpilot Group's (TRST) "Buy" Rating Reaffirmed at UBS Group

Key Points

• UBS Group has reaffirmed its "buy" rating for Trustpilot Group (TRST), setting a price target of GBX 400, indicating a potential upside of 91.39% from the current stock price.
• Other analysts have varying ratings, with Panmure Gordon issuing a "sell" rating at GBX 200 and Berenberg Bank maintaining a "buy" rating with a GBX 420 target price.
• Trustpilot Group's stock opened at GBX 209 and has a market capitalization of £856.71 million, while corporate insiders currently own 17.61% of the stock.

Trustpilot Group (LON:TRST - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at UBS Group in a note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 400 target price on the stock. UBS Group's price objective would suggest a potential upside of 94.36% from the company's current price.

Several other research firms also recently commented on TRST. Berenberg Bank reiterated a "buy" rating and set a GBX 420 price objective on shares of Trustpilot Group in a research note on Tuesday, July 15th. Panmure Gordon started coverage on shares of Trustpilot Group in a research note on Monday, June 9th. They set a "sell" rating and a GBX 200 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 340.

Trustpilot Group Stock Performance

Shares of LON:TRST traded up GBX 7.20 on Friday, hitting GBX 205.80. 55,320,777 shares of the company were exchanged, compared to its average volume of 3,157,145. Trustpilot Group has a 1-year low of GBX 178.40 and a 1-year high of GBX 361.50. The stock's 50 day moving average price is GBX 235.36 and its 200 day moving average price is GBX 237.82. The company has a current ratio of 1.31, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16. The firm has a market capitalization of £838.65 million, a P/E ratio of 14,700.00 and a beta of 1.02.

Insider Transactions at Trustpilot Group

In related news, insider Peter Holten Mühlmann sold 350,000 shares of the business's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of GBX 230, for a total transaction of £805,000. 17.61% of the stock is owned by corporate 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.