Trustpilot Group (LON:TRST) Receives “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 note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 290 target price on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 38.67% from the stock’s previous close.

Trustpilot Group Stock Up 0.7%

Shares of LON:TRST traded up GBX 1.54 during trading on Wednesday, hitting GBX 209.14. The stock had a trading volume of 57,927,137 shares, compared to its average volume of 8,168,182. Trustpilot Group has a 12 month low of GBX 125.40 and a 12 month high of GBX 361.50. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16. The firm’s fifty day moving average is GBX 176.30 and its 200 day moving average is GBX 206.51. The company has a market capitalization of £824.38 million, a PE ratio of -1.76 and a beta of 1.02.

Insider Activity

In other Trustpilot Group news, insider Joe Hurd purchased 718 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was purchased at an average cost of GBX 140 per share, with a total value of £1,005.20. Also, insider Adrian Blair purchased 95,296 shares of Trustpilot Group stock in a transaction dated Tuesday, December 9th. The stock was bought at an average cost of GBX 157 per share, with a total value of £149,614.72. Insiders have purchased a total of 254,130 shares of company stock worth $36,982,000 in the last quarter. Corporate insiders own 17.92% of the company’s stock.

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.