Trainline Plc (LON:TRN) Receives Average Recommendation of “Moderate Buy” from Analysts

Trainline Plc (LON:TRN) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 415.20.

Several equities analysts have issued reports on the company. UBS Group reissued a “buy” rating and issued a GBX 465 price target on shares of Trainline in a research note on Friday, September 5th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 421 target price on shares of Trainline in a research report on Thursday, November 6th. JPMorgan Chase & Co. cut shares of Trainline to an “underweight” rating and reduced their price target for the stock from GBX 300 to GBX 230 in a report on Wednesday, December 3rd. Berenberg Bank lifted their price target on shares of Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 460 price objective on shares of Trainline in a report on Thursday, November 13th.

Trainline Stock Performance

Shares of Trainline stock opened at GBX 218.40 on Thursday. The business has a 50-day moving average price of GBX 242.65 and a two-hundred day moving average price of GBX 263.31. Trainline has a 1-year low of GBX 198.30 and a 1-year high of GBX 435.80. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The company has a market cap of £856.87 million, a P/E ratio of 13.05 and a beta of 1.64.

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

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

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.