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

Trustpilot Group (LON:TRST)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. They currently have a GBX 290 price objective on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 36.19% from the stock’s previous close.

Trustpilot Group Trading Up 1.1%

Shares of LON:TRST opened at GBX 212.93 on Wednesday. The firm has a market cap of £839.33 million, a price-to-earnings ratio of -1.80 and a beta of 1.02. Trustpilot Group has a 12 month low of GBX 125.40 and a 12 month high of GBX 361.50. The company’s fifty day simple moving average is GBX 177.42 and its 200 day simple moving average is GBX 206.57. 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 Transactions at Trustpilot Group

In other news, insider Adrian Blair acquired 95,296 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of GBX 157 per share, for a total transaction of £149,614.72. Also, insider Hanno Damm bought 50,000 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was purchased at an average cost of GBX 140 per share, for a total transaction of £70,000. Insiders purchased 254,130 shares of company stock valued at $36,982,000 over the last three months. 17.92% of the stock is currently owned by corporate insiders.

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.