Shore Capital Group Reiterates Buy Rating for Trainline (LON:TRN)

Trainline (LON:TRNGet Free Report)‘s stock had its “buy” rating reissued by Shore Capital Group in a report issued on Friday, MarketBeat reports.

A number of other research analysts have also recently issued reports on TRN. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 330 price target on shares of Trainline in a report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a report on Monday, January 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Trainline currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 394.

View Our Latest Analysis on TRN

Trainline Trading Up 2.5%

Trainline stock traded up GBX 5.20 during mid-day trading on Friday, hitting GBX 212.20. The company’s stock had a trading volume of 14,245,000 shares, compared to its average volume of 4,695,271. Trainline has a one year low of GBX 178 and a one year high of GBX 308.60. The stock has a market cap of £796.85 million, a PE ratio of 12.68 and a beta of 0.53. The company has a 50 day moving average of GBX 201.90 and a 200-day moving average of GBX 234.27. The company has a debt-to-equity ratio of 65.92, a quick ratio of 0.52 and a current ratio of 0.42.

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.

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