Trainline (LON:TRN) Given New GBX 300 Price Target at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price target lowered by JPMorgan Chase & Co. from GBX 330 to GBX 300 in a report issued on Monday, Marketbeat reports. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 421 price objective on shares of Trainline in a research note on Thursday, November 6th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a report on Wednesday, November 5th. UBS Group reiterated a “buy” rating and issued a GBX 465 price target on shares of Trainline in a research report on Friday, September 5th. Berenberg Bank upped their price objective on Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 460 price objective on shares of Trainline in a research note on Thursday, November 13th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 429.20.

Trainline Stock Performance

LON:TRN opened at GBX 237.60 on Monday. The company has a market cap of £942.93 million, a price-to-earnings ratio of 18.77 and a beta of 1.64. Trainline has a 1 year low of GBX 235.80 and a 1 year high of GBX 452.40. The stock’s 50 day simple moving average is GBX 266.28 and its two-hundred day simple moving average is GBX 270.45. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52.

Trainline (LON:TRN) last posted its earnings results on Wednesday, November 5th. The company reported GBX 12.58 earnings per share for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. As a group, equities analysts anticipate that Trainline will post 16.8458781 earnings per share for the current fiscal year.

Trainline announced that its board has authorized a share buyback program on Thursday, September 11th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Trainline Company Profile

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.