Shares of Trustpilot Group plc (LON:TRST – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 289.48 and last traded at GBX 288.20, with a volume of 623486 shares traded. The stock had previously closed at GBX 286.
Analyst Upgrades and Downgrades
Several analysts have recently commented on TRST shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 375 target price on shares of Trustpilot Group in a research note on Thursday, May 7th. Royal Bank Of Canada increased their price target on Trustpilot Group from GBX 290 to GBX 305 and gave the stock an “outperform” rating in a report on Wednesday, April 1st. Finally, UBS Group reissued a “buy” rating and issued a GBX 410 price objective on shares of Trustpilot Group in a research note on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Trustpilot Group has a consensus rating of “Buy” and a consensus target price of GBX 351.25.
Read Our Latest Research Report on Trustpilot Group
Trustpilot Group Price Performance
Insider Activity
In related news, insider Mohammed Anjarwala purchased 220,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The stock was acquired at an average price of GBX 261 per share, for a total transaction of £574,200. 13.47% of the stock is currently owned by insiders.
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.
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