Trustpilot Group (LON:TRST) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Trustpilot Group (LON:TRST) had its price objective hoisted by investment analysts at Berenberg Bank from GBX 300 to GBX 315 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 29.84% from the company’s current price.

Separately, Royal Bank Of Canada restated an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 316.

Trustpilot Group Stock Up 2.2%

Shares of LON:TRST opened at GBX 242.60 on Wednesday. Trustpilot Group has a 1 year low of GBX 125.40 and a 1 year high of GBX 289.40. 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’s 50-day moving average is GBX 173.97 and its 200-day moving average is GBX 185.92. The company has a market capitalization of £948.89 million, a price-to-earnings ratio of -2.05 and a beta of 0.73.

Insider Activity at Trustpilot Group

In other Trustpilot Group news, insider Hanno Damm sold 200,000 shares of the firm’s stock in a transaction that occurred on 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 that occurred on Wednesday, March 18th. The stock was sold at an average price of GBX 239, for a total value of £858,010. In the last quarter, insiders sold 612,000 shares of company stock worth $139,302,000. Corporate insiders own 18.55% of the company’s stock.

Key Headlines Impacting Trustpilot Group

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.