Trainline’s (TRN) Buy Rating Reaffirmed at Shore Capital Group

Shore Capital Group reissued their buy rating on shares of Trainline (LON:TRN) in a research report report published on Friday, MarketBeat Ratings reports.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their price objective on Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research note on Monday, January 12th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 330 target price on shares of Trainline in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 394.

Trainline Price Performance

TRN opened at GBX 209.20 on Friday. The stock’s 50 day simple moving average is GBX 201.63 and its 200 day simple moving average is GBX 233.86. The company has a debt-to-equity ratio of 65.92, a current ratio of 0.42 and a quick ratio of 0.52. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 308.60. The firm has a market cap of £785.59 million, a price-to-earnings ratio of 12.50 and a beta of 0.53.

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.