Brokerages Set Trainline Plc (LON:TRN) Price Target at GBX 397.67

Shares of Trainline Plc (LON:TRN) have been given an average rating of “Moderate Buy” by the seven analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 397.67.

A number of analysts have recently issued reports on TRN shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a research report on Thursday, May 7th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a report on Friday, March 20th. Berenberg Bank reissued a “buy” rating and set a GBX 350 price target on shares of Trainline in a report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their price target on Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th. Finally, Canaccord Genuity Group dropped their price target on Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a report on Monday, May 11th.

Trainline Stock Performance

TRN opened at GBX 214.60 on Thursday. Trainline has a 12-month low of GBX 178 and a 12-month high of GBX 307.60. The stock has a market cap of £770.33 million, a price-to-earnings ratio of 11.22 and a beta of 0.39. The business has a 50 day moving average of GBX 226.47 and a 200-day moving average of GBX 215.73. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17.

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