Shore Capital Reiterates Buy Rating for Trainline (LON:TRN)

Trainline (LON:TRN)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a note issued to investors on Thursday,Digital Look reports.

A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. downgraded Trainline to a “neutral” rating and set a GBX 400 ($5.17) price objective on the stock. in a research note on Wednesday, February 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 490 ($6.34) target price on shares of Trainline in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 442 ($5.72).

Trainline Stock Down 2.6 %

Shares of LON:TRN opened at GBX 265.40 ($3.43) on Thursday. The company has a market capitalization of £1.15 billion, a price-to-earnings ratio of 36.38 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The business’s 50-day moving average is GBX 350.12 and its 200-day moving average is GBX 362. Trainline has a 1 year low of GBX 261.80 ($3.39) and a 1 year high of GBX 452.40 ($5.85).

Trainline Company Profile

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.