Trainline’s (TRN) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Trainline (LON:TRN) in a research report released on Monday, MarketBeat.com reports. They currently have a GBX 350 target price on the stock.

Other analysts also recently issued research reports about the company. Shore Capital Group reissued a “buy” rating and issued a GBX 400 price objective on shares of Trainline in a research note on Monday, August 24th. Canaccord Genuity Group decreased their target price on Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 381.57.

Trainline Trading Down 0.5%

LON:TRN opened at GBX 186.50 on Monday. The business has a 50 day simple moving average of GBX 221.54 and a 200 day simple moving average of GBX 219.03. The firm has a market capitalization of £634.60 million, a P/E ratio of 9.75 and a beta of 0.40. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. Trainline has a 12-month low of GBX 178 and a 12-month high of GBX 307.60.

Insider Buying and Selling

In related news, insider Niall McBride acquired 23,084 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 206 per share, with a total value of £47,553.04. 7.62% of the stock is currently owned by insiders.

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.