Trustpilot Group (LON:TRST) Receives “Outperform” Rating from Royal Bank Of Canada

Trustpilot Group (LON:TRST)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 290 target price on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 38.67% from the stock’s previous close.

Trustpilot Group Stock Performance

TRST stock traded up GBX 1.54 during trading on Wednesday, hitting GBX 209.14. 57,927,137 shares of the company’s stock traded hands, compared to its average volume of 8,168,182. The stock has a market capitalization of £824.38 million, a price-to-earnings ratio of -1.76 and a beta of 1.02. The stock has a fifty day moving average price of GBX 176.30 and a two-hundred day moving average price of GBX 206.51. Trustpilot Group has a 52 week low of GBX 125.40 and a 52 week high of GBX 361.50. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16.

Insider Buying and Selling at Trustpilot Group

In related news, insider Zillah Byng-Thorne bought 108,116 shares of Trustpilot Group stock in a transaction on Thursday, December 4th. The shares were purchased at an average price of GBX 138 per share, for a total transaction of £149,200.08. Also, insider Adrian Blair purchased 95,296 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were acquired at an average cost of GBX 157 per share, for a total transaction of £149,614.72. Over the last three months, insiders have bought 254,130 shares of company stock valued at $36,982,000. Company insiders own 17.92% of the company’s stock.

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.