Trainline Plc (LON:TRN) Receives GBX 412.20 Consensus PT from Brokerages

Shares of Trainline Plc (LON:TRN) have been assigned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 412.20.

Several research firms recently weighed in on TRN. Berenberg Bank upped their price objective on shares of Trainline from GBX 490 to GBX 500 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 460 target price on shares of Trainline in a report on Thursday, November 13th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research report on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price target on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a research report on Monday, January 12th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 421 price objective on shares of Trainline in a research note on Thursday, November 6th.

Trainline Stock Down 2.8%

LON TRN opened at GBX 196.40 on Friday. The company has a market cap of £747.27 million, a price-to-earnings ratio of 11.74 and a beta of 1.64. 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 company has a 50 day moving average of GBX 213.14 and a 200-day moving average of GBX 246.15. Trainline has a 1-year low of GBX 195.58 and a 1-year high of GBX 371.80.

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.