Trustpilot Group PLC 22.3% potential upside indicated by Berenberg Bank

Trustpilot Group PLC with ticker (LON:TRST) now has a potential upside of 22.3% according to Berenberg Bank.



Berenberg Bank set a target price of 200 GBX for the company, which when compared to the Trustpilot Group PLC share price of 164 GBX at opening today (12/01/2024) indicates a potential upside of 22.3%. Trading has ranged between 62 (52 week low) and 185 (52 week high) with an average of 1,163,196 shares exchanging hands daily. The market capitalisation at the time of writing is £710,681,121.

Trustpilot Group plc is a United Kingdom-based 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. It hosts reviews to help consumers shop. 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. Its subsidiaries include Trustpilot Ltd, Trustpilot, Inc., and others.