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

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 420 ($5.45) price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 73.55% from the stock’s previous close.

Trustpilot Group Trading Up 0.4 %

Shares of TRST stock opened at GBX 242 ($3.14) on Wednesday. The stock has a market cap of £1.27 billion, a P/E ratio of 80.22 and a beta of 1.02. Trustpilot Group has a 1 year low of GBX 173.60 ($2.25) and a 1 year high of GBX 361.50 ($4.69). 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 stock has a 50 day simple moving average of GBX 312.71 and a 200 day simple moving average of GBX 278.18.

Insider Buying and Selling

In related news, insider Hanno Damm sold 39,902 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of GBX 303 ($3.93), for a total transaction of £120,903.06 ($156,772.64). 8.24% of the stock is currently owned by company 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.