Trainline (LON:TRN) Coverage Initiated by Analysts at Canaccord Genuity Group

Canaccord Genuity Group assumed coverage on shares of Trainline (LON:TRNFree Report) in a report released on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a GBX 371 ($4.69) target price on the stock.

Trainline Stock Up 5.2 %

LON:TRN opened at GBX 248.60 ($3.14) on Tuesday. The stock’s fifty day moving average price is GBX 249.12 and its two-hundred day moving average price is GBX 254.74. Trainline has a 52-week low of GBX 216.40 ($2.73) and a 52-week high of GBX 384.60 ($4.86). The company has a debt-to-equity ratio of 52.95, a quick ratio of 0.52 and a current ratio of 0.55. The company has a market cap of £1.19 billion, a price-to-earnings ratio of 6,215.00 and a beta of 1.62.

About Trainline

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Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdome and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

Further Reading

Analyst Recommendations for Trainline (LON:TRN)

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