Trainline (LON:TRN) Given Buy Rating at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Trainline (LON:TRN) in a research note published on Thursday morning, Marketbeat reports.

A number of other brokerages have also recently commented on TRN. JPMorgan Chase & Co. cut 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. Peel Hunt reiterated a “buy” rating and issued a GBX 460 price objective on shares of Trainline in a research note on Thursday, November 13th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 412.20.

Trainline Stock Down 1.0%

Shares of LON:TRN opened at GBX 184.70 on Thursday. The stock’s fifty day simple moving average is GBX 203.43 and its 200-day simple moving average is GBX 236.63. The company has a market capitalization of £693.59 million, a P/E ratio of 11.04 and a beta of 0.53. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 309.

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.