Trainline (LON:TRN – Get Free Report)‘s stock had its “buy” rating reiterated by Shore Capital Group in a note issued to investors on Friday, Marketbeat.com reports. They presently have a GBX 400 price target on the stock. Shore Capital Group’s price target would suggest a potential upside of 87.27% from the company’s previous close.
Several other research analysts have also recently weighed in on TRN. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 350 price target on shares of Trainline in a report on Monday, September 7th. Canaccord Genuity Group boosted their price objective on shares of Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a research report on Monday, September 14th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 target price on shares of Trainline in a research note on Monday, September 14th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Trainline has an average rating of “Moderate Buy” and a consensus target price of GBX 384.71.
Read Our Latest Research Report on TRN
Trainline Stock Up 3.6%
LON TRN traded up GBX 7.40 during trading hours on Friday, reaching GBX 213.60. 35,271,848 shares of the company’s stock were exchanged, compared to its average volume of 4,927,317. The company’s 50-day moving average is GBX 207.17 and its two-hundred day moving average is GBX 219.06. Trainline has a one year low of GBX 178 and a one year high of GBX 283.80. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63. The company has a market capitalization of £720.09 million, a price-to-earnings ratio of 11.17 and a beta of 0.40.
About Trainline
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.
As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.
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