Trainline (LON:TRN) Hits New 1-Year Low – Should You Sell?

Trainline Plc (LON:TRN)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as GBX 195.80 and last traded at GBX 196.80, with a volume of 1131610 shares trading hands. The stock had previously closed at GBX 202.

Analyst Upgrades and Downgrades

TRN has been the subject of several research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research note on Monday, January 12th. Shore Capital Group restated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Berenberg Bank boosted their target price 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 reissued a “buy” rating and issued a GBX 421 price objective on shares of Trainline in a report on Thursday, November 6th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 460 price target on shares of Trainline in a research report on Thursday, November 13th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Trainline currently has a consensus rating of “Moderate Buy” and an average price target of GBX 412.20.

Trainline Stock Performance

The business’s 50 day simple moving average is GBX 213.14 and its two-hundred day simple moving average is GBX 246.33. 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 firm has a market capitalization of £747.27 million, a PE ratio of 11.74 and a beta of 1.64.

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.

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.