Trainline Plc (LON:TRN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Trainline Plc (LON:TRN) have been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 397.67.

TRN has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th. Shore Capital Group reiterated a “buy” rating on shares of Trainline in a report on Friday, March 20th. Berenberg Bank reissued a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group dropped their target price on Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a research report on Monday, May 11th.

Insider Buying and Selling at Trainline

In other Trainline news, insider Niall McBride purchased 23,084 shares of Trainline stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average cost of GBX 206 per share, for a total transaction of £47,553.04. Insiders own 7.44% of the company’s stock.

Trainline Stock Up 2.9%

Shares of TRN opened at GBX 229 on Monday. The company has a market cap of £799.29 million, a PE ratio of 11.97 and a beta of 0.40. The business has a fifty day moving average of GBX 219.20 and a 200 day moving average of GBX 215.44. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 307.60. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17.

Trainline (LON:TRN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported GBX 23.60 EPS for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The company had revenue of £452.68 million during the quarter. On average, sell-side analysts expect 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.