Berenberg Bank Reaffirms Buy Rating for Trustpilot Group (LON:TRST)

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 420 ($5.46) price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 75.37% from the company’s current price.

Trustpilot Group Stock Performance

Shares of Trustpilot Group stock opened at GBX 239.50 ($3.11) on Wednesday. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16. The stock’s fifty day moving average is GBX 314.25 and its two-hundred day moving average is GBX 278.69. Trustpilot Group has a 52 week low of GBX 173.60 ($2.26) and a 52 week high of GBX 361.50 ($4.70). The company has a market capitalization of £1.26 billion, a PE ratio of 79.39 and a beta of 1.02.

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.