Trainline’s (TRN) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Trainline (LON:TRN) in a report issued on Wednesday, MarketBeat Ratings reports.

Several other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. lowered shares of Trainline to a “neutral” rating and set a GBX 400 ($5.32) price target for the company. in a research report on Wednesday, February 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 490 ($6.52) price target on shares of Trainline in a report on Wednesday, February 12th. Finally, Canaccord Genuity Group decreased their target price on Trainline from GBX 500 ($6.65) to GBX 485 ($6.45) and set a “buy” rating for the company in a research report on Thursday, March 13th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 457.50 ($6.09).

Trainline Stock Up 0.2 %

Trainline stock opened at GBX 250.37 ($3.33) on Wednesday. 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’s fifty day moving average price is GBX 282.16 and its two-hundred day moving average price is GBX 350.15. The firm has a market capitalization of £1.09 billion, a price-to-earnings ratio of 34.32 and a beta of 1.64. Trainline has a 1-year low of GBX 247.80 ($3.30) and a 1-year high of GBX 452.40 ($6.02).

Trainline (LON:TRN) last posted its earnings results on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share (EPS) for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. On average, equities research analysts predict that Trainline will post 16.8458781 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jody Ford sold 446,488 shares of the stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of GBX 264 ($3.51), for a total transaction of £1,178,728.32 ($1,568,083.44). 4.08% of the stock is owned by insiders.

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.