Trustpilot Group (LON:TRST) Earns "Buy" Rating from Berenberg Bank

Trustpilot Group (LON:TRST - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Berenberg Bank in a note issued to investors on Wednesday, MarketBeat reports. They presently have a GBX 420 ($5.42) price objective on the stock. Berenberg Bank's price objective suggests a potential upside of 82.21% from the company's previous close.

Trustpilot Group Price Performance

Shares of LON TRST traded down GBX 11.50 ($0.15) during mid-day trading on Wednesday, hitting GBX 230.50 ($2.98). 3,222,507 shares of the stock were exchanged, compared to its average volume of 3,866,761. The company has a market cap of £1.21 billion, a P/E ratio of 76.41 and a beta of 1.02. The stock's fifty day simple moving average is GBX 311.84 and its two-hundred day simple moving average is GBX 279.30. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31. Trustpilot Group has a twelve month low of GBX 173.60 ($2.24) and a twelve month high of GBX 361.50 ($4.67).

Insider Transactions at Trustpilot Group

In related news, insider Hanno Damm sold 39,902 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of GBX 303 ($3.91), for a total value of £120,903.06 ($156,124.82). Company insiders own 8.24% of the company's stock.

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.