Analysts Set Trainline Plc (LON:TRN) Target Price at GBX 394

Trainline Plc (LON:TRN) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 394.

A number of equities analysts have recently weighed in on TRN shares. JPMorgan Chase & Co. cut their price target on Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a report on Monday, January 12th. Shore Capital Group reaffirmed a “buy” rating on shares of Trainline in a research note on Friday, March 20th. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 330 target price on shares of Trainline in a research report on Thursday, March 19th.

Trainline Price Performance

Trainline stock opened at GBX 223.10 on Friday. The firm has a market capitalization of £837.79 million, a PE ratio of 13.34 and a beta of 0.53. Trainline has a 52 week low of GBX 178 and a 52 week high of GBX 308.60. The firm’s 50-day simple moving average is GBX 203.18 and its 200 day simple moving average is GBX 228.71. 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 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.