Berenberg Bank Reiterates “Buy” Rating for Trustpilot Group (LON:TRST)

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 315 target price on the stock. Berenberg Bank’s target price indicates a potential upside of 48.58% from the company’s current price.

Trustpilot Group Price Performance

Trustpilot Group stock opened at GBX 212 on Wednesday. Trustpilot Group has a 12 month low of GBX 125.40 and a 12 month high of GBX 299.80. The company has a debt-to-equity ratio of -269.41, a current ratio of 0.57 and a quick ratio of 1.71. The business has a 50 day simple moving average of GBX 273.71 and a 200-day simple moving average of GBX 243.44. The stock has a market capitalization of £815.35 million, a PE ratio of 117.78 and a beta of 0.51.

About Trustpilot Group

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.