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The latest update is out from Trustpilot Group Plc ( (GB:TRST) ).
Trustpilot Group Plc announced the repurchase of 105,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The company plans to cancel these shares, reflecting a continued effort 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 feedback on businesses and services. The company focuses on enhancing trust and transparency between consumers and companies through its review services.
Average Trading Volume: 1,559,592
Technical Sentiment Signal: Sell
Current Market Cap: £847.4M
Find detailed analytics on TRST stock on TipRanks’ Stock Analysis page.