Trustpilot Group (LON:TRST) Receives “Buy” Rating from Deutsche Bank Aktiengesellschaft

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday, Digital Look reports. They presently have a GBX 375 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 74.42% from the company’s current price.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 315 price target on shares of Trustpilot Group in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 351.25.

Trustpilot Group Stock Performance

Shares of LON:TRST traded up GBX 2 during trading on Wednesday, hitting GBX 215. 12,910,495 shares of the stock were exchanged, compared to its average volume of 10,686,942. The company’s fifty day simple moving average is GBX 273.71 and its 200-day simple moving average is GBX 243.44. 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 company has a market capitalization of £826.89 million, a price-to-earnings ratio of 119.44 and a beta of 0.51. Trustpilot Group has a 1-year low of GBX 125.40 and a 1-year high of GBX 299.80.

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.