Trainline Plc (LON:TRN) Stock Has Average Target Price of GBX 384.71 According to Analysts

Shares of Trainline Plc (LON:TRN) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 384.71.

A number of equities research analysts recently weighed in on TRN shares. Shore Capital Group restated a “buy” rating and issued a GBX 400 price target on shares of Trainline in a research note on Friday, September 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research report on Monday, September 7th. Canaccord Genuity Group increased their price objective on shares of Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a research report on Monday, September 14th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Monday, September 14th.

Insider Buying and Selling

In related news, insider Niall McBride purchased 23,084 shares of the stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 206 per share, with a total value of £47,553.04. Company insiders own 7.62% of the company’s stock.

Trainline Stock Performance

Shares of LON TRN opened at GBX 194.30 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. The company has a market capitalization of £661.14 million, a P/E ratio of 10.16 and a beta of 0.40. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 295.20. The stock has a 50 day moving average of GBX 215.87 and a 200-day moving average of GBX 219.19.

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.