Trainline Plc (LON:TRN) Receives GBX 442 Average Price Target from Brokerages

Shares of Trainline Plc (LON:TRN) have earned an average rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 442 ($5.65).

TRN has been the topic of several research analyst reports. Canaccord Genuity Group decreased their price target on shares of Trainline from GBX 500 ($6.39) to GBX 485 ($6.20) and set a “buy” rating on the stock in a report on Thursday, March 13th. JPMorgan Chase & Co. cut Trainline to a “neutral” rating and set a GBX 400 ($5.11) target price for the company. in a research report on Wednesday, February 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 490 ($6.26) price target on shares of Trainline in a report on Wednesday, February 12th. Finally, Shore Capital reissued a “buy” rating on shares of Trainline in a report on Thursday, March 13th.

Trainline Stock Performance

Trainline stock opened at GBX 264.40 ($3.38) on Monday. Trainline has a 1-year low of GBX 247.80 ($3.17) and a 1-year high of GBX 452.40 ($5.78). The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The firm has a market capitalization of £1.15 billion, a PE ratio of 36.24 and a beta of 1.64. The firm’s 50 day simple moving average is GBX 305.79 and its 200 day simple moving average is GBX 357.30.

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.