Trainline (LON:TRN) Receives “Buy” Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Trainline (LON:TRN) in a report issued on Thursday, Marketbeat.com reports.

Separately, Berenberg Bank increased their target price on shares of Trainline from GBX 475 ($6.18) to GBX 490 ($6.38) and gave the stock a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 433.75 ($5.65).

Trainline Price Performance

TRN traded down GBX 20 ($0.26) during trading on Thursday, reaching GBX 396.80 ($5.17). 1,634,416 shares of the company were exchanged, compared to its average volume of 1,291,990. The company’s 50-day moving average is GBX 332.59 and its two-hundred day moving average is GBX 325.74. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. Trainline has a 12-month low of GBX 266.40 ($3.47) and a 12-month high of GBX 423.40 ($5.51). The company has a market cap of £1.76 billion, a price-to-earnings ratio of 5,953.57 and a beta of 1.64.

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.