Trainline (LON:TRN) Price Target Cut to GBX 215 by Analysts at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price target reduced by analysts at JPMorgan Chase & Co. from GBX 230 to GBX 215 in a note issued to investors on Monday, MarketBeat.com reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 1.65% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on TRN. Berenberg Bank upped their price target on Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Peel Hunt reaffirmed a “buy” rating and set a GBX 460 target price on shares of Trainline in a report on Thursday, November 13th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 421 price target on shares of Trainline in a report on Thursday, November 6th. Finally, Shore Capital restated a “buy” rating on shares of Trainline in a research report on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 412.20.

Trainline Stock Performance

Shares of LON:TRN traded down GBX 4.26 during trading on Monday, hitting GBX 218.60. 887,870 shares of the company were exchanged, compared to its average volume of 3,224,997. Trainline has a 52-week low of GBX 198.30 and a 52-week high of GBX 426. The stock has a 50 day moving average of GBX 233.67 and a 200 day moving average of GBX 258.39. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The company has a market cap of £845.76 million, a PE ratio of 13.07 and a beta of 1.64.

Trainline (LON:TRN) last announced its quarterly earnings results on Wednesday, November 5th. The company reported GBX 12.58 earnings per share for the quarter. Trainline had a return on equity of 10.88% and a net margin of 8.57%. As a group, equities research analysts predict that Trainline will post 16.8458781 EPS for the current year.

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.