Trainline (LON:TRN) Price Target Raised to GBX 392 at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price objective hoisted by JPMorgan Chase & Co. from GBX 359 ($4.51) to GBX 392 ($4.92) in a research note published on Tuesday morning, Marketbeat reports. The brokerage currently has an overweight rating on the stock.

A number of other equities analysts have also recently weighed in on TRN. Shore Capital restated a buy rating on shares of Trainline in a research report on Friday, May 3rd. Canaccord Genuity Group upped their price objective on shares of Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the stock a buy rating in a research report on Friday, February 23rd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of Buy and a consensus price target of GBX 385 ($4.84).

Trainline Stock Performance

Shares of LON TRN opened at GBX 322.60 ($4.05) on Tuesday. The company’s fifty day moving average price is GBX 342.78 and its 200 day moving average price is GBX 316.25. Trainline has a 1 year low of GBX 216.40 ($2.72) and a 1 year high of GBX 393.80 ($4.95). The company has a market capitalization of £1.51 billion, a PE ratio of 6,444.00 and a beta of 1.56. The company has a debt-to-equity ratio of 49.06, a quick ratio of 0.52 and a current ratio of 0.71.

About Trainline

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.