Trainline’s (TRN) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Trainline (LON:TRN) in a research note published on Thursday, MarketBeat.com reports. The brokerage currently has a GBX 330 price objective on the stock.

Several other equities research analysts have also weighed in on the company. Shore Capital Group reissued a “buy” rating on shares of Trainline in a report on Thursday, March 12th. JPMorgan Chase & Co. dropped their price objective on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a report on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Trainline has a consensus rating of “Moderate Buy” and an average price target of GBX 394.

Trainline Stock Performance

Shares of TRN opened at GBX 209.20 on Thursday. The firm has a market cap of £785.59 million, a PE ratio of 12.50 and a beta of 0.53. The stock’s fifty day moving average price is GBX 201.63 and its two-hundred day moving average price is GBX 233.69. The company has a debt-to-equity ratio of 65.92, a current ratio of 0.42 and a quick ratio of 0.52. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 308.60.

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.

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.