Trainline (LON:TRN) Given New GBX 380 Price Target at Barclays

Trainline (LON:TRN) had its price objective increased by Barclays from GBX 365 ($4.59) to GBX 380 ($4.77) in a research report report published on Tuesday, LSE.Co.UK reports. Barclays currently has an overweight rating on the stock.

A number of other research analysts have also recently commented on TRN. JPMorgan Chase & Co. increased their price target on shares of Trainline from GBX 359 ($4.51) to GBX 392 ($4.92) and gave the company an overweight rating in a research report on Tuesday. Canaccord Genuity Group increased their price target on shares of Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the company a buy rating in a research report on Friday, February 23rd. Finally, Shore Capital reiterated a buy rating on shares of Trainline in a research report on Friday, May 3rd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of Buy and an average target price of GBX 385 ($4.84).

Trainline Trading Up 0.1 %

Shares of TRN opened at GBX 322.60 ($4.05) on Tuesday. The firm’s 50 day simple moving average is GBX 342.78 and its 200 day simple moving average is GBX 316.25. The company has a market capitalization of £1.51 billion, a P/E ratio of 6,444.00 and a beta of 1.56. The company has a debt-to-equity ratio of 49.06, a current ratio of 0.71 and a quick ratio of 0.52. Trainline has a 1-year low of GBX 216.40 ($2.72) and a 1-year high of GBX 393.80 ($4.95).

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom 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.