Trainline (LON:TRN) Given New GBX 455 Price Target at Canaccord Genuity Group

Trainline (LON:TRNFree Report) had its price target hoisted by Canaccord Genuity Group from GBX 428 ($5.47) to GBX 455 ($5.81) in a research note issued to investors on Thursday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other research firms have also weighed in on TRN. Shore Capital restated a buy rating on shares of Trainline in a report on Friday, May 3rd. Barclays lifted their price target on Trainline from GBX 365 ($4.66) to GBX 380 ($4.85) and gave the stock an overweight rating in a report on Tuesday, May 7th. Finally, JPMorgan Chase & Co. lifted their price target on Trainline from GBX 359 ($4.58) to GBX 392 ($5.01) and gave the stock an overweight rating in a report on Tuesday, May 7th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of Buy and a consensus price target of GBX 391.75 ($5.00).

Read Our Latest Stock Analysis on TRN

Trainline Stock Up 0.3 %

TRN stock opened at GBX 326 ($4.16) on Thursday. Trainline has a twelve month low of GBX 216.40 ($2.76) and a twelve month high of GBX 393.80 ($5.03). The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The stock’s 50 day moving average is GBX 338.93 and its 200-day moving average is GBX 322.50. The firm has a market capitalization of £1.52 billion, a PE ratio of 4,640.00 and a beta of 1.59.

Insider Buying and Selling at Trainline

In other Trainline news, insider Jody Ford sold 103,990 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of GBX 322 ($4.11), for a total value of £334,847.80 ($427,647.25). Corporate insiders own 0.97% of the company’s stock.

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 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.

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