Trainline Plc (LON:TRN) Receives GBX 394 Average Price Target from Brokerages

Shares of Trainline Plc (LON:TRN) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 394.

A number of research analysts have recently commented on TRN shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 330 price target on shares of Trainline in a research report on Thursday, March 19th. JPMorgan Chase & Co. reduced their price target on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research report on Monday, January 12th. Finally, Shore Capital Group restated a “buy” rating on shares of Trainline in a research report on Friday, March 20th.

Trainline Stock Up 1.1%

Trainline stock opened at GBX 237.40 on Friday. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 308.60. The firm has a market capitalization of £873.47 million, a price-to-earnings ratio of 14.19 and a beta of 0.31. The company has a current ratio of 0.42, a quick ratio of 0.52 and a debt-to-equity ratio of 65.92. The firm has a 50 day simple moving average of GBX 204.28 and a 200 day simple moving average of GBX 228.38.

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.