Trustpilot Group (LON:TRST) Price Target Raised to GBX 315

Trustpilot Group (LON:TRST) had its price target upped by Berenberg Bank from GBX 300 to GBX 315 in a report released on Wednesday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Separately, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 290 price target on shares of Trustpilot Group in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 316.

Trustpilot Group Price Performance

LON:TRST opened at GBX 236.40 on Wednesday. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. The stock’s 50-day simple moving average is GBX 174.97 and its 200 day simple moving average is GBX 186.15. The company has a market cap of £924.64 million, a P/E ratio of -1.99 and a beta of 0.73. Trustpilot Group has a 52-week low of GBX 125.40 and a 52-week high of GBX 289.40.

Insider Activity

In other Trustpilot Group news, insider Hanno Damm sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 210, for a total value of £420,000. Also, insider Peter Holten Mühlmann sold 359,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of GBX 239, for a total value of £858,010. Insiders sold a total of 612,000 shares of company stock valued at $139,302,000 over the last quarter. 18.55% of the stock is currently owned by company insiders.

Trustpilot Group News Roundup

Here are the key news stories impacting Trustpilot Group this week:

• Positive Sentiment: Berenberg raised its target to GBX 315 and kept a “buy” rating, strengthening institutional buy-side expectations for Trustpilot. Berenberg Bank Analyst Says TRST Expected to Rise
• Positive Sentiment: Deutsche Bank increased its target to GBX 375 and reiterated a “buy” stance, signaling bullish analyst conviction that could support the share price over the coming months. Deutsche Bank Forecasts Strong Price Appreciation for TRST
• Neutral Sentiment: Reporting services (TipRanks/MarketBeat) published updates disclosing the senior management share transactions, increasing transparency though not altering fundamentals on its own. Trustpilot Discloses Significant Share Deals
• Negative Sentiment: Founder Peter Holten Mühlmann sold large parcels recently (53,000 shares on Mar 17 at ~GBX 217 and an additional 359,000 on Mar 18 at ~GBX 239), a material disposal that can erode near‑term confidence and add selling pressure. Insider Peter Holten Mühlmann Sells Shares
• Negative Sentiment: CFO Hanno Damm sold ~200,000 shares on Mar 17 at ~GBX 210, another sizable insider sale that reinforces short-term negative sentiment despite positive analyst notes. MarketBeat Insider Trades for TRST

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.