Trainline (LON:TRN) Given New GBX 230 Price Target at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from GBX 235 to GBX 230 in a research report issued on Tuesday,Digital Look reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 3.60% from the company’s current price.

A number of other research firms also recently issued reports on TRN. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 price target on shares of Trainline in a research note on Thursday, March 19th. Shore Capital Group reaffirmed a “buy” rating on shares of Trainline in a research note on Friday, March 20th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Trainline presently has an average rating of “Moderate Buy” and an average target price of GBX 397.

Trainline Trading Down 0.2%

LON TRN opened at GBX 238.60 on Tuesday. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 308.60. The company has a current ratio of 0.42, a quick ratio of 0.52 and a debt-to-equity ratio of 65.92. The stock has a 50-day moving average of GBX 206.05 and a 200-day moving average of GBX 226.99. The firm has a market cap of £877.89 million, a PE ratio of 14.26 and a beta of 0.31.

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.