Trainline (LON:TRN) Given Buy Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Trainline (LON:TRN) in a research note released on Wednesday morning, MarketBeat reports.

A number of other equities analysts have also commented on TRN. Canaccord Genuity Group decreased their price target on shares of Trainline from GBX 500 ($6.65) to GBX 485 ($6.45) and set a “buy” rating on the stock in a report on Thursday, March 13th. Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.52) target price on shares of Trainline in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lowered Trainline to a “neutral” rating and set a GBX 400 ($5.32) price target for the company. in a research note on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($6.09).

Trainline Price Performance

LON:TRN opened at GBX 250.37 ($3.33) on Wednesday. Trainline has a 52-week low of GBX 247.80 ($3.30) and a 52-week high of GBX 452.40 ($6.02). The stock has a fifty day moving average of GBX 282.16 and a 200 day moving average of GBX 350.15. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm has a market capitalization of £1.09 billion, a price-to-earnings ratio of 34.32 and a beta of 1.64.

Trainline (LON:TRN) last issued its quarterly earnings results on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share (EPS) for the quarter. Trainline had a return on equity of 10.88% and a net margin of 8.57%. On average, research analysts expect that Trainline will post 16.8458781 EPS for the current fiscal year.

Insider Activity at Trainline

In related news, insider Jody Ford sold 446,488 shares of the firm’s stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of GBX 264 ($3.51), for a total transaction of £1,178,728.32 ($1,568,083.44). 4.08% of the stock is owned by insiders.

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.