Jefferies Financial Group Reaffirms “Buy” Rating for Trainline (LON:TRN)

Trainline (LON:TRN – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 350 price objective on the stock. Jefferies Financial Group‘s price objective points to a potential upside of 64.78% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of Trainline from GBX 333 to GBX 213 and set a “hold” rating for the company in a research report on Friday, October 23rd. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 400 price objective on shares of Trainline in a research report on Friday, October 9th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Monday, September 14th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 367.57.

View Our Latest Stock Report on TRN

Trainline Stock Down 0.3%

Shares of Trainline stock opened at GBX 212.40 on Wednesday. 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 stock has a market capitalization of £716.04 million, a PE ratio of 11.10 and a beta of 0.38. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 283.80. The company has a 50-day simple moving average of GBX 202.75 and a two-hundred day simple moving average of GBX 214.67.

Trainline (LON:TRN – Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported GBX 13.82 earnings per share (EPS) for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The firm had revenue of £233.29 million for the quarter. On average, analysts anticipate that Trainline will post 16.85 EPS for the current fiscal year.

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.

Further Reading

Analyst Recommendations for Trainline (LON:TRN)

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