Trustpilot Group’s (TRST) Buy Rating Reaffirmed at Berenberg Bank

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 160 ($2.00) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 29.35% from the company’s previous close.

Trustpilot Group Trading Up 1.6 %

TRST stock traded up GBX 2 ($0.03) during midday trading on Monday, hitting GBX 123.70 ($1.55). The company had a trading volume of 127,044 shares, compared to its average volume of 1,463,392. The company has a current ratio of 1.60, a quick ratio of 1.71 and a debt-to-equity ratio of 48.51. Trustpilot Group has a 52 week low of GBX 62.45 ($0.78) and a 52 week high of GBX 127.40 ($1.59). The stock has a market cap of £518.59 million, a price-to-earnings ratio of -6,185.00 and a beta of 0.68. The stock’s 50 day moving average price is GBX 101.40 and its 200 day moving average price is GBX 87.69.

Insiders Place Their Bets

In related news, insider Claire Davenport purchased 5,164 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The stock was bought at an average cost of GBX 96 ($1.20) per share, with a total value of £4,957.44 ($6,202.23). In other news, insider Adrian Blair acquired 33,196 shares of the stock in a transaction on Wednesday, September 20th. The stock was acquired at an average price of GBX 94 ($1.18) per share, with a total value of £31,204.24 ($39,039.46). Also, insider Claire Davenport bought 5,164 shares of Trustpilot Group stock in a transaction dated Tuesday, September 26th. The stock was acquired at an average cost of GBX 96 ($1.20) per share, for a total transaction of £4,957.44 ($6,202.23). Company insiders own 8.27% of the company’s stock.

Trustpilot Group Company Profile

Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions, as well as provides consumers with the opportunity to recommend businesses, products, services, and locations based on their experiences; and businesses to showcase their trustscore.