Trainline (LON:TRN – Free Report) had its price target reduced by Canaccord Genuity Group from GBX 333 to GBX 213 in a report issued on Friday,Digital Look reports. They currently have a hold rating on the stock.
Several other research firms have also recently issued reports on TRN. 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. Shore Capital Group reissued a “buy” rating and issued a GBX 400 target price on shares of Trainline in a report on Friday, October 9th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 350 target price on shares of Trainline in a report on Monday, September 14th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Trainline currently has an average rating of “Moderate Buy” and an average target price of GBX 367.57.
Read Our Latest Stock Report on TRN
Trainline Price Performance
Shares of LON TRN opened at GBX 213 on Friday. The stock has a fifty day simple moving average of GBX 202.70 and a two-hundred day simple moving average of GBX 219.01. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 283.80. 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 cap of £718.07 million, a price-to-earnings ratio of 11.13 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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