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

Shore Capital Group reaffirmed their buy rating on shares of Trainline (LON:TRN – Free Report) in a research note released on Friday, Marketbeat.com reports. Shore Capital Group currently has a GBX 400 price objective on the stock.

TRN has been the topic of several other research reports. Canaccord Genuity Group lifted their price target on shares of Trainline from GBX 311 to GBX 333 and gave the stock a “buy” rating in a research note on Monday, September 14th. Jefferies Financial Group reissued a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research report on Monday, September 7th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday, September 14th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 384.71.

Get Trainline alerts:

Read Our Latest Report on Trainline

Trainline Price Performance

Shares of Trainline stock opened at GBX 209.40 on Friday. The business’s 50 day simple moving average is GBX 209.64 and its two-hundred day simple moving average is GBX 219.20. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. The stock has a market capitalization of £705.93 million, a P/E ratio of 10.95 and a beta of 0.40. Trainline has a one year low of GBX 178 and a one year high of GBX 283.80.

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.

Read More

• Five stocks we like better than Trainline
• 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
• Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
• Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
• Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next

Receive News & Ratings for Trainline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trainline and related companies with MarketBeat.com's FREE daily email newsletter.