Trustpilot Group PLC with ticker (LON:TRST) now has a potential upside of 13.6% according to JP Morgan.
TRST.L
JP Morgan set a target price of 250 GBX for the company, which when compared to the Trustpilot Group PLC share price of 220 GBX at opening today (16/07/2024) indicates a potential upside of 13.6%. Trading has ranged between 75 (52 week low) and 240 (52 week high) with an average of 1,755,542 shares exchanging hands daily. The market capitalisation at the time of writing is £873,651,408.
Trustpilot Group plc is a United Kingdom-based company that operates a digital platform that brings businesses and consumers together. The principal activity of the Company and its subsidiaries consists of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their service. The Company’s platform creates a place where businesses and consumers can gain actionable insights and collaborate. Through its platform, consumers can share feedback, at any time, about any business with a Website and review feedback left by other consumers. The platform also gives consumers the opportunity to recommend businesses, products, services, and locations based on their experiences. Its consumers can search for reviews on any business by category and any business with a Website, whether operating online or offline, can receive a review. The Company’s subsidiaries include Trustpilot Ltd, Trustpilot, Inc., and others.
Trustpilot Group PLC 13.6% potential upside indicated by JP Morgan
- Written by: Charlotte Edwards
Latest Company News
Trustpilot has announced its half-year results for the six months ended 30 June 2025, with revenue rising 23% year-on-year to $123 million and adjusted EBITDA up 70% to $18 million. The company highlighted record enterprise customer wins, strong platform growth, and the launch of its TrustLayer API. A new £30 million share buyback programme was also announced
Trustpilot Group plc reported H1 2025 bookings of $140 m, up 19% year on year (17% at constant currency), with ARR reaching $273 m and revenue rising 23% (21% cc).
Trustpilot Group Plc has unveiled TrustLayer™, a groundbreaking trust intelligence platform at HumanX, enhancing AI-driven decisions with real consumer sentiment for businesses and investors.
