Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Trustpilot Group (LON:TRST) Stock

Trustpilot Group (LON:TRST) had its price objective increased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 354 to GBX 375 in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 54.58% from the stock’s previous close.

A number of other research firms also recently weighed in on TRST. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a research note on Wednesday, January 21st. Berenberg Bank boosted their price objective on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 316.

Trustpilot Group Price Performance

TRST opened at GBX 242.60 on Wednesday. The company’s 50 day simple moving average is GBX 173.97 and its 200 day simple moving average is GBX 185.92. 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 1 year low of GBX 125.40 and a 1 year high of GBX 289.40. The stock has a market capitalization of £948.89 million, a PE ratio of -2.05 and a beta of 0.73.

Insider Buying and Selling at Trustpilot Group

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

Trustpilot Group News Roundup

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

• Positive Sentiment: Berenberg raised its price target to GBX 315 and kept a “buy” rating, signaling stronger buy-side sentiment from a major EU broker. Berenberg raise
• Positive Sentiment: Deutsche Bank raised its price target to GBX 375 and reiterated a “buy” rating, adding institutional support that can lift investor expectations. Deutsche Bank raise
• Neutral Sentiment: Reporting services published an update disclosing the series of senior share transactions, increasing transparency around recent insider activity. TipRanks disclosure
• Negative Sentiment: Founder Peter Holten Mühlmann sold 53,000 shares on Mar. 17 at an average GBX 217 (≈£115k), a material personal disposal that can be read negatively by some investors.
• Negative Sentiment: CFO Hanno Damm sold 200,000 shares on Mar. 17 at an average GBX 210 (≈£420k), another sizable insider sale that may raise short-term sentiment concerns.
• Negative Sentiment: Peter Holten Mühlmann sold an additional 359,000 shares on Mar. 18 at an average GBX 239 (≈£858k), increasing total insider disposals and potential downward pressure on sentiment.

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.