Trustpilot Group plc

New dawn fades

  • Companies : Trustpilot Group plc

DAVY VIEW

Trustpilot Group (TRST) aspires to be the leading consumer review platform globally. We see a long runway for growth and a clear, but long, path to profitability as TRST benefits from scale and operating leverage. However, there are challenges aplenty ahead of a recession; we think investors can wait and see. We initiate with a ‘Neutral’ rating and a price target of 80p.

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Sep 6 2022, 07:05 IST/BST

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