Trainline’s (TRN) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Trainline (LON:TRN) in a report released on Wednesday morning,Digital Look reports. They currently have a GBX 350 target price on the stock.

Several other equities research analysts also recently commented on TRN. Shore Capital Group reiterated a “buy” rating and set a GBX 400 target price on shares of Trainline in a research report on Friday, October 9th. Canaccord Genuity Group reduced their price objective on Trainline from GBX 333 to GBX 213 and set a “hold” rating for the company in a research note on Friday, October 23rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday, September 14th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 367.57.

Trainline Trading Down 1.7%

LON TRN opened at GBX 196.30 on Wednesday. The company has a market cap of £659.83 million, a P/E ratio of 10.26 and a beta of 0.38. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 280. The company has a 50-day moving average of GBX 202.86 and a 200-day moving average of GBX 214.52. The company has a debt-to-equity ratio of 192.07, a current ratio of 0.70 and a quick ratio of 0.52.

Trainline (LON:TRN) last released its quarterly earnings data on Wednesday, November 4th. The company reported GBX 13.82 earnings per share for the quarter. The firm had revenue of £233.29 million for the quarter. Trainline had a net margin of 15.92% and a return on equity of 39.23%. As a group, equities analysts predict that Trainline will post 16.85 earnings per share for the current year.

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.