Trainline Plc (LON:TRN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Trainline Plc (LON:TRN) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 397.67.

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 580 target price on shares of Trainline in a report on Thursday, May 7th. JPMorgan Chase & Co. dropped their price target on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research report on Friday, March 20th. Berenberg Bank restated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Wednesday, May 6th. Finally, Canaccord Genuity Group decreased their target price on Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a report on Monday, May 11th.

Trainline Trading Down 1.1%

Shares of LON:TRN opened at GBX 223.79 on Monday. The stock’s 50-day simple moving average is GBX 218.12 and its two-hundred day simple moving average is GBX 215.67. The stock has a market capitalization of £781.12 million, a price-to-earnings ratio of 11.70 and a beta of 0.40. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 307.60. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63.

Trainline (LON:TRN) last released its quarterly earnings results on Wednesday, May 6th. The company reported GBX 23.60 EPS for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The firm had revenue of £452.68 million during the quarter. Analysts expect that Trainline will post 16.8458781 EPS for the current year.

Insider Transactions at Trainline

In related news, insider Niall McBride purchased 23,084 shares of Trainline stock in a transaction on Wednesday, July 1st. The stock was acquired at an average price of GBX 206 per share, for a total transaction of £47,553.04. Corporate insiders own 7.44% of the company’s stock.

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.