Brokerages Set Trainline Plc (LON:TRN) Price Target at GBX 412.20

Shares of Trainline Plc (LON:TRN) have earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 412.20.

A number of research firms have issued reports on TRN. Shore Capital reiterated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Peel Hunt restated a “buy” rating and set a GBX 460 price target on shares of Trainline in a report on Thursday, November 13th. Berenberg Bank lifted their price objective 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. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 421 price objective on shares of Trainline in a report on Thursday, November 6th. Finally, JPMorgan Chase & Co. cut their target price on Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a report on Monday, January 12th.

Trainline Stock Performance

Shares of LON TRN opened at GBX 204.80 on Monday. 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 has a one year low of GBX 198.30 and a one year high of GBX 381.20. The business’s 50-day moving average price is GBX 225.38 and its two-hundred day moving average price is GBX 254.76. The company has a market capitalization of £792.37 million, a P/E ratio of 12.24 and a beta of 1.64.

Trainline (LON:TRN) last announced its quarterly earnings results 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%. Analysts anticipate that Trainline will post 16.8458781 earnings per share for the current fiscal year.

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.