Trainline’s (TRN) Buy Rating Reiterated at Shore Capital Group

Shore Capital Group restated their buy rating on shares of Trainline (LON:TRN) in a research report report published on Friday morning, Marketbeat reports.

TRN has been the topic of a number of other research reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 price target on shares of Trainline in a report on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research note on Monday, January 12th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 394.

Trainline Trading Up 1.1%

LON:TRN opened at GBX 209.20 on Friday. The company has a fifty day moving average of GBX 201.63 and a 200 day moving average of GBX 233.47. Trainline has a 52 week low of GBX 178 and a 52 week high of GBX 308.60. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92. The firm has a market capitalization of £785.59 million, a P/E ratio of 12.50 and a beta of 0.53.

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.