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Trustpilot Group Plc ( (GB:TRST) ) has shared an update.
Trustpilot Group Plc has announced the purchase of 110,000 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme. The company plans to cancel these shares, contributing to a total of 8,358,968 shares purchased since March 2025, at a cost of approximately £19.33 million. This move is part of Trustpilot’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:TRST) stock is a Hold with a £266.00 price target. To see the full list of analyst forecasts on Trustpilot Group Plc stock, see the GB:TRST Stock Forecast page.
Spark’s Take on GB:TRST Stock
According to Spark, TipRanks’ AI Analyst, GB:TRST is a Neutral.
The overall stock score is driven primarily by strong financial performance, including robust revenue growth and efficient cash flow management. Technical indicators suggest a lack of strong buying momentum, and valuation metrics indicate the stock may be overvalued, which could pose a risk if earnings growth does not accelerate.
To see Spark’s full report on GB:TRST stock, click here.
More about Trustpilot Group Plc
Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share reviews and feedback on various businesses and services. The company focuses on enhancing transparency and trust between consumers and businesses, positioning itself as a key player in the digital customer review space.
Average Trading Volume: 1,580,781
Technical Sentiment Signal: Sell
Current Market Cap: £840.1M
Learn more about TRST stock on TipRanks’ Stock Analysis page.