Trainline Plc (LON:TRN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Trainline Plc (LON:TRN) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 397.67.

Several equities analysts have recently weighed in on TRN shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Wednesday, May 6th. Canaccord Genuity Group lowered their price objective on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a research note on Monday, May 11th. JPMorgan Chase & Co. lowered their price objective on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Shore Capital Group reiterated a “buy” rating on shares of Trainline in a research note on Friday, March 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a research note on Thursday, May 7th.

Trainline Price Performance

Shares of LON:TRN opened at GBX 217.60 on Friday. The firm’s 50 day moving average price is GBX 223.79 and its 200-day moving average price is GBX 220.61. Trainline has a twelve month low of GBX 178 and a twelve month high of GBX 307.60. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. The stock has a market capitalization of £795.57 million, a PE ratio of 13.01 and a beta of 0.33.

Trainline (LON:TRN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported GBX 23.60 earnings per share for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The firm had revenue of £452.68 million for the quarter. Equities research analysts expect that Trainline will post 16.8458781 EPS for the current year.

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.

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.