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

Shares of Trainline Plc (LON:TRN) have received an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 412.20.

TRN has been the topic of a number of research analyst reports. Shore Capital Group restated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price target on Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a report on Monday, January 12th. Peel Hunt restated a “buy” rating and issued a GBX 460 price objective on shares of Trainline in a research note on Thursday, November 13th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 421 target price on shares of Trainline in a research report on Thursday, November 6th. Finally, Berenberg Bank lifted their target price on Trainline from GBX 490 to GBX 500 and gave the stock a “buy” rating in a research note on Wednesday, November 5th.

Trainline Stock Up 0.4%

Trainline stock opened at GBX 203.40 on Friday. Trainline has a fifty-two week low of GBX 192.40 and a fifty-two week high of GBX 333.20. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm’s 50-day simple moving average is GBX 211.48 and its 200 day simple moving average is GBX 244.47. The stock has a market cap of £773.91 million, a PE ratio of 12.16 and a beta of 1.64.

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.