Berenberg Bank Increases Trustpilot Group (LON:TRST) Price Target to GBX 270

Trustpilot Group (LON:TRST) had its target price boosted by analysts at Berenberg Bank from GBX 260 ($3.40) to GBX 270 ($3.53) in a research report issued on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 23.85% from the stock’s current price.

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 250 ($3.27) price objective on shares of Trustpilot Group in a research note on Friday, July 12th.

Trustpilot Group Trading Up 0.9 %

TRST stock opened at GBX 218 ($2.85) on Wednesday. Trustpilot Group has a 1-year low of GBX 80.23 ($1.05) and a 1-year high of GBX 239.50 ($3.13). The firm has a market cap of £908.62 million, a P/E ratio of 7,347.80 and a beta of 1.02. The business’s 50 day moving average is GBX 205.60 and its 200-day moving average is GBX 204.80. The company has a current ratio of 1.56, a quick ratio of 1.71 and a debt-to-equity ratio of 36.23.

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, and businesses to showcase their trustscore and improve their services.