Trustpilot Group (LON:TRST) Receives “Outperform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Trustpilot Group (LON:TRST) in a research note published on Wednesday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has a GBX 290 price target on the stock.

Trustpilot Group Stock Up 0.7%

TRST opened at GBX 209.14 on Wednesday. The firm’s 50-day simple moving average is GBX 176.79 and its 200-day simple moving average is GBX 206.53. The firm has a market cap of £824.38 million, a price-to-earnings ratio of -1.76 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31. Trustpilot Group has a twelve month low of GBX 125.40 and a twelve month high of GBX 361.50.

Insider Transactions at Trustpilot Group

In other news, insider Adrian Blair acquired 95,296 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of GBX 157 per share, for a total transaction of £149,614.72. Also, insider Zillah Byng-Thorne bought 108,116 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was acquired at an average cost of GBX 138 per share, with a total value of £149,200.08. Insiders have acquired a total of 254,130 shares of company stock valued at $36,982,000 in the last ninety days. 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.