Trustpilot Group (LON:TRST) Price Target Raised to GBX 375

Trustpilot Group (LON:TRST) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 354 to GBX 375 in a research note released on Wednesday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 290 target price on shares of Trustpilot Group in a report on Wednesday, January 21st. Berenberg Bank lifted their price target on Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Trustpilot Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 316.

Trustpilot Group Stock Down 3.4%

Shares of TRST opened at GBX 236.40 on Wednesday. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. Trustpilot Group has a 52 week low of GBX 125.40 and a 52 week high of GBX 289.40. The stock has a market capitalization of £924.64 million, a price-to-earnings ratio of -1.99 and a beta of 0.73. The stock has a fifty day moving average of GBX 174.97 and a 200-day moving average of GBX 186.15.

Insiders Place Their Bets

In related news, insider Peter Holten Mühlmann sold 359,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of GBX 239, for a total transaction of £858,010. Also, insider Hanno Damm sold 200,000 shares of Trustpilot Group stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of GBX 210, for a total value of £420,000. In the last quarter, insiders have sold 612,000 shares of company stock worth $139,302,000. 18.55% of the stock is owned by company insiders.

Key Trustpilot Group News

Here are the key news stories impacting Trustpilot Group this week:

• Positive Sentiment: Berenberg raised its target to GBX 315 and kept a “buy” rating, strengthening institutional buy-side expectations for Trustpilot. Berenberg Bank Analyst Says TRST Expected to Rise
• Positive Sentiment: Deutsche Bank increased its target to GBX 375 and reiterated a “buy” stance, signaling bullish analyst conviction that could support the share price over the coming months. Deutsche Bank Forecasts Strong Price Appreciation for TRST
• Neutral Sentiment: Reporting services (TipRanks/MarketBeat) published updates disclosing the senior management share transactions, increasing transparency though not altering fundamentals on its own. Trustpilot Discloses Significant Share Deals
• Negative Sentiment: Founder Peter Holten Mühlmann sold large parcels recently (53,000 shares on Mar 17 at ~GBX 217 and an additional 359,000 on Mar 18 at ~GBX 239), a material disposal that can erode near‑term confidence and add selling pressure. Insider Peter Holten Mühlmann Sells Shares
• Negative Sentiment: CFO Hanno Damm sold ~200,000 shares on Mar 17 at ~GBX 210, another sizable insider sale that reinforces short-term negative sentiment despite positive analyst notes. MarketBeat Insider Trades for TRST

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.