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

Shore Capital reiterated their buy rating on shares of Trainline (LON:TRN) in a research note published on Monday, Marketbeat Ratings reports.

A number of other analysts have also recently issued reports on TRN. JPMorgan Chase & Co. boosted their price objective on Trainline from GBX 316 ($3.99) to GBX 350 ($4.42) and gave the company an overweight rating in a research report on Wednesday, December 6th. Canaccord Genuity Group upped their price target on Trainline from GBX 371 ($4.69) to GBX 428 ($5.41) and gave the company a buy rating in a research report on Friday, February 23rd. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of GBX 347 ($4.39).

Trainline Stock Performance

TRN opened at GBX 377.20 ($4.77) on Monday. The stock has a market cap of £1.77 billion, a PE ratio of 7,544.00 and a beta of 1.54. The company has a current ratio of 0.71, a quick ratio of 0.52 and a debt-to-equity ratio of 49.06. Trainline has a 1 year low of GBX 216.40 ($2.73) and a 1 year high of GBX 393.80 ($4.98). The stock’s 50 day simple moving average is GBX 328.16 and its 200-day simple moving average is GBX 298.92.

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.