Trainline (LON:TRN – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital Group in a research note issued on Friday, MarketBeat.com reports. They currently have a GBX 400 price objective on the stock. Shore Capital Group’s target price would indicate a potential upside of 87.27% from the stock’s current price.
Several other research firms have also issued reports on TRN. Berenberg Bank reissued a “buy” rating and issued a GBX 350 target price on shares of Trainline in a report on Monday, September 14th. Jefferies Financial Group reissued a “buy” rating and set a GBX 350 price target on shares of Trainline in a report on Monday, September 7th. Finally, Canaccord Genuity Group lifted their target price on Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a research note on Monday, September 14th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 384.71.
Get Our Latest Research Report on TRN
Trainline Stock Performance
TRN traded up GBX 7.40 during midday trading on Friday, reaching GBX 213.60. The company had a trading volume of 35,271,848 shares, compared to its average volume of 4,927,317. The business has a 50-day moving average of GBX 206.52 and a two-hundred day moving average of GBX 219.10. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 283.80. The company has a market cap of £720.09 million, a P/E ratio of 11.17 and a beta of 0.40.
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.
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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