Trainline (LON:TRN) Price Target Cut to GBX 485 by Analysts at Canaccord Genuity Group

Trainline (LON:TRN) had its price target decreased by Canaccord Genuity Group from GBX 500 ($6.47) to GBX 485 ($6.27) in a research report issued on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 82.74% from the company’s current price.

A number of other research analysts have also recently commented on TRN. Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.34) target price on shares of Trainline in a research note on Wednesday, February 12th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research note on Thursday. Finally, JPMorgan Chase & Co. cut Trainline to a “neutral” rating and set a GBX 400 ($5.17) price objective on the stock. in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 442 ($5.72).

Trainline Stock Down 2.6 %

TRN opened at GBX 265.40 ($3.43) on Thursday. The stock has a market cap of £1.15 billion, a PE ratio of 36.38 and a beta of 1.64. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. Trainline has a 52 week low of GBX 261.80 ($3.39) and a 52 week high of GBX 452.40 ($5.85). The business’s fifty day simple moving average is GBX 350.12 and its 200 day simple moving average is GBX 362.

About Trainline

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.