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

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

Several research analysts have weighed in on TRN shares. JPMorgan Chase & Co. lowered their price objective on Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a research report on Monday, January 12th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 421 price target on shares of Trainline in a research note on Thursday, November 6th. Shore Capital Group reiterated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Berenberg Bank boosted their price objective on shares of Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 460 target price on shares of Trainline in a report on Thursday, November 13th.

Trainline Price Performance

Shares of LON TRN opened at GBX 200.20 on Friday. The firm has a market cap of £761.73 million, a P/E ratio of 11.97 and a beta of 1.64. The business’s 50 day moving average is GBX 213.39 and its 200-day moving average is GBX 246.95. 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 has a 1-year low of GBX 197.26 and a 1-year high of GBX 371.80.

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.