Trainline Plc (LON:TRN) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Trainline Plc (LON:TRN) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 398.

A number of equities research analysts have weighed in on TRN shares. Shore Capital Group reaffirmed a “buy” rating and set a GBX 400 target price on shares of Trainline in a research report on Monday, August 24th. Canaccord Genuity Group dropped their price target on Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a research report on Monday, May 11th. Berenberg Bank restated a “buy” rating and set a GBX 350 price target on shares of Trainline in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a research note on Thursday, May 7th.

Trainline Stock Down 2.5%

Shares of LON:TRN opened at GBX 194.20 on Tuesday. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 307.60. The stock has a market cap of £667.69 million, a P/E ratio of 10.15 and a beta of 0.41. The business’s 50 day moving average is GBX 224.44 and its 200 day moving average is GBX 219.38. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17.

Insider Buying and Selling

In other Trainline news, insider Niall McBride purchased 23,084 shares of Trainline stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 206 per share, for a total transaction of £47,553.04. Company insiders own 7.56% of the company’s stock.

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.