Trainline (LON:TRN) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Trainline (LON:TRN) in a report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 330 target price on the stock.

TRN has been the topic of a number of other reports. JPMorgan Chase & Co. dropped their target price on Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a research report on Monday, January 12th. Shore Capital Group reaffirmed a “buy” rating on shares of Trainline in a report on Thursday, March 12th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 394.

Trainline Stock Up 1.1%

TRN opened at GBX 206 on Thursday. The company has a fifty day moving average of GBX 201.90 and a two-hundred day moving average of GBX 234.27. The stock has a market capitalization of £773.57 million, a price-to-earnings ratio of 12.31 and a beta of 0.53. Trainline has a fifty-two week low of GBX 178 and a fifty-two week high of GBX 308.60. The company has a debt-to-equity ratio of 65.92, a quick ratio of 0.52 and a current ratio of 0.42.

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.