Trainline (LON:TRN) Stock Rating Reaffirmed as Buy by Shore Capital Group

Trainline (LON:TRN – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a report issued on Friday, MarketBeat Ratings reports. They presently have a GBX 400 price target on the stock. Shore Capital Group’s target price indicates a potential upside of 91.02% from the company’s previous close.

Other analysts have also issued research reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research report on Monday, September 7th. Berenberg Bank reissued a “buy” rating and set a GBX 350 target price on shares of Trainline in a research report on Monday, September 14th. Finally, Canaccord Genuity Group raised 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. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 384.71.

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Trainline Price Performance

Shares of LON:TRN opened at GBX 209.40 on Friday. The company has a market capitalization of £705.93 million, a P/E ratio of 10.95 and a beta of 0.40. The company’s 50-day moving average is GBX 209.64 and its 200 day moving average is GBX 219.20. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63. Trainline has a fifty-two week low of GBX 178 and a fifty-two week high of GBX 283.80.

Trainline Company Profile

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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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