Trainline Plc (LON:TRN) Stock Rated “Moderate Buy” by Wall Street Analysts

Trainline Plc (LON:TRN) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 367.57.

A number of analysts have recently issued reports on TRN shares. Jefferies Financial Group restated a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research report on Monday, September 7th. Shore Capital Group reiterated a “buy” rating and set a GBX 400 price target on shares of Trainline in a research note on Friday, October 9th. Canaccord Genuity Group lowered their price target on shares of Trainline from GBX 333 to GBX 213 and set a “hold” rating on the stock in a report on Friday, October 23rd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday, September 14th.

Trainline Stock Up 0.6%

TRN stock opened at GBX 210.20 on Wednesday. Trainline has a twelve month low of GBX 178 and a twelve month high of GBX 283.80. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. The company has a market cap of £708.63 million, a PE ratio of 10.99 and a beta of 0.40. The business’s 50-day simple moving average is GBX 202.54 and its 200 day simple moving average is GBX 214.89.

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.