Trustpilot Group (LON:TRST) Hits New 12-Month High – Should You Buy?

Trustpilot Group plc (LON:TRST)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 291.10 and last traded at GBX 291.10, with a volume of 1362959 shares traded. The stock had previously closed at GBX 279.60.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TRST. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 375 price target on shares of Trustpilot Group in a research report on Thursday, May 7th. UBS Group reissued a “buy” rating and issued a GBX 410 target price on shares of Trustpilot Group in a research note on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Trustpilot Group presently has a consensus rating of “Buy” and a consensus price target of GBX 351.25.

Trustpilot Group Trading Up 4.1%

The stock’s fifty day simple moving average is GBX 255.50 and its two-hundred day simple moving average is GBX 221.23. The firm has a market cap of £1.12 billion, a PE ratio of 161.72 and a beta of 0.51. The company has a quick ratio of 1.71, a current ratio of 0.57 and a debt-to-equity ratio of -269.41.

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.