Trainline (LON:TRN) Stock Price Up 0.8% – What’s Next?

Shares of Trainline Plc (LON:TRN) rose 0.8% on Monday . The company traded as high as GBX 221.98 and last traded at GBX 219. Approximately 1,284,902 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 5,293,467 shares. The stock had previously closed at GBX 217.20.

Wall Street Analysts Forecast Growth

TRN has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 350 target price on shares of Trainline in a report on Wednesday, May 6th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research note on Friday, March 20th. JPMorgan Chase & Co. reduced their price objective on Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a research note on Thursday, May 7th. Canaccord Genuity Group reduced their price objective on Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a research note on Thursday, May 7th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 397.67.

Trainline Stock Up 0.8%

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 50 day simple moving average of GBX 227.59 and a 200 day simple moving average of GBX 216.32. The stock has a market cap of £786.12 million, a price-to-earnings ratio of 11.45 and a beta of 0.39.

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