Trustpilot Group (LON:TRST) Price Target Raised to GBX 375 at Deutsche Bank Aktiengesellschaft

Trustpilot Group (LON:TRST) had its price target upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 354 to GBX 375 in a research note issued on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 58.23% from the stock’s current price.

Other research analysts have also issued research reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a report on Wednesday, January 21st. Berenberg Bank boosted their target price on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 316.

Trustpilot Group Price Performance

Shares of LON:TRST traded up GBX 4.60 during midday trading on Wednesday, hitting GBX 237. The company had a trading volume of 322,069,281 shares, compared to its average volume of 15,105,561. Trustpilot Group has a twelve month low of GBX 125.40 and a twelve month high of GBX 289.40. The stock has a market cap of £926.98 million, a price-to-earnings ratio of -2.00 and a beta of 0.73. The company has a debt-to-equity ratio of 65.07, a current ratio of 0.97 and a quick ratio of 1.71. The business’s 50-day simple moving average is GBX 171.61 and its 200-day simple moving average is GBX 185.16.

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.