Trainline Plc (LON:TRN) Receives GBX 431.25 Average Price Target from Analysts

Trainline Plc (LON:TRN) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 442 ($5.74).

Several brokerages recently issued reports on TRN. JPMorgan Chase & Co. cut shares of Trainline to a “neutral” rating and set a GBX 400 ($5.20) target price for the company. in a report on Wednesday, February 19th. Shore Capital reissued a “buy” rating on shares of Trainline in a report on Thursday, March 13th. Canaccord Genuity Group reduced their target price on shares of Trainline from GBX 500 ($6.49) to GBX 485 ($6.30) and set a “buy” rating for the company in a report on Thursday, March 13th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.36) target price on shares of Trainline in a report on Wednesday, February 12th.

Trainline Trading Up 6.1 %

LON TRN opened at GBX 281.60 ($3.66) on Thursday. The company has a fifty day simple moving average of GBX 347.50 and a two-hundred day simple moving average of GBX 362.63. The stock has a market cap of £1.22 billion, a P/E ratio of 38.60 and a beta of 1.64. Trainline has a 12-month low of GBX 261.80 ($3.40) and a 12-month high of GBX 452.40 ($5.88). The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07.

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.