Morgan Stanley Boosts Trainline (LON:TRN) Price Target to GBX 480
Trainline (LON:TRN) had its price target hoisted by Morgan Stanley from GBX 450 ($5.88) to GBX 480 ($6.27) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has an equal weight rating on the stock.
TRN has been the subject of a number of other research reports. Barclays upped their target price on Trainline from GBX 425 ($5.55) to GBX 480 ($6.27) and gave the stock an equal weight rating in a report on Friday, September 13th. Peel Hunt increased their price objective on Trainline from GBX 400 ($5.23) to GBX 489 ($6.39) and gave the company a hold rating in a report on Tuesday.
Trainline stock opened at GBX 467 ($6.10) on Tuesday. The business’s fifty day moving average is GBX 448.78. The stock has a market capitalization of $2.24 billion and a price-to-earnings ratio of -0.11. Trainline has a twelve month low of GBX 404 ($5.28) and a twelve month high of GBX 484.50 ($6.33).
Trainline Plc operates an independent rail and coach travel platform. The company operates through three segments: UK Consumer, International, and Trainline for Business. The UK Consumer segment sells rail tickets to domestic and inbound customers on behalf of various rail and coach carriers in the United Kingdom.
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