Trainline (LON:TRN) Price Target Cut to GBX 230 by Analysts at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price target reduced by JPMorgan Chase & Co. from GBX 235 to GBX 230 in a research report sent to investors on Tuesday morning,Digital Look reports. They currently have an underweight rating on the stock.

A number of other equities research analysts also recently commented on TRN. Canaccord Genuity Group restated a “buy” rating and issued a GBX 330 target price on shares of Trainline in a research report on Thursday, March 19th. Shore Capital Group restated a “buy” rating on shares of Trainline in a research report on Friday, March 20th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Trainline has an average rating of “Moderate Buy” and an average price target of GBX 397.

Trainline Price Performance

LON:TRN opened at GBX 237.57 on Tuesday. Trainline has a 52 week low of GBX 178 and a 52 week high of GBX 308.60. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92. The company has a market capitalization of £874.11 million, a P/E ratio of 14.20 and a beta of 0.31. The stock’s fifty day moving average is GBX 206.76 and its two-hundred day moving average is GBX 226.68.

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.