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

Trustpilot Group (LON:TRST)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 420 ($5.46) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 75.37% from the company’s previous close.

Trustpilot Group Price Performance

TRST opened at GBX 239.50 ($3.11) on Wednesday. The stock’s 50 day moving average price is GBX 314.25 and its 200-day moving average price 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 stock has a market capitalization of £1.26 billion, a PE ratio of 79.39 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31.

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.