Trainline Plc (LON:TRN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Trainline Plc (LON:TRN) have received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 442 ($5.75).

Several equities analysts recently commented on TRN shares. Canaccord Genuity Group cut their target price on Trainline from GBX 500 ($6.50) to GBX 485 ($6.31) and set a “buy” rating for the company in a research report on Thursday, March 13th. JPMorgan Chase & Co. downgraded shares of Trainline to a “neutral” rating and set a GBX 400 ($5.20) price target for the company. in a report on Wednesday, February 19th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research note on Thursday, March 13th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.37) target price on shares of Trainline in a research note on Wednesday, February 12th.

Trainline Stock Down 0.7 %

Shares of TRN opened at GBX 275.40 ($3.58) on Thursday. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The stock has a market cap of £1.19 billion, a price-to-earnings ratio of 37.75 and a beta of 1.64. Trainline has a 12 month low of GBX 261.80 ($3.41) and a 12 month high of GBX 452.40 ($5.89). The company has a 50-day moving average price of GBX 342.51 and a two-hundred day moving average price of GBX 361.44.

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.