Trainline (LON:TRN) Given “Buy” Rating at Shore Capital Group

Trainline (LON:TRN – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Shore Capital Group in a research note issued to investors on Friday, Marketbeat Ratings reports. They presently have a GBX 400 target price on the stock. Shore Capital Group’s price target would suggest a potential upside of 87.27% from the company’s previous close.

A number of other equities research analysts also recently weighed in on TRN. Canaccord Genuity Group lifted their price target 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. Berenberg Bank reissued a “buy” rating and set a GBX 350 price target on shares of Trainline in a research report on Monday, September 14th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 350 price target on shares of Trainline in a research report on Monday, September 7th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 384.71.

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Trainline Stock Performance

LON TRN traded up GBX 7.40 during trading on Friday, reaching GBX 213.60. The company’s stock had a trading volume of 37,599,246 shares, compared to its average volume of 4,938,954. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. The firm has a market capitalization of £720.09 million, a price-to-earnings ratio of 11.17 and a beta of 0.40. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 283.80. The firm has a 50 day moving average price of GBX 207.17 and a 200 day moving average price of GBX 219.06.

About Trainline

(Get Free Report)

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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