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

Trainline (LON:TRN)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital Group in a report released on Friday, October 9th, MarketBeat.com reports. They presently have a GBX 400 target price on the stock. Shore Capital Group’s price target points to a potential upside of 83.88% from the stock’s previous close.

Several other research firms also recently weighed in on TRN. Jefferies Financial Group restated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a report on Monday, September 7th. Canaccord Genuity Group upped their price objective on shares of Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a report on Monday, September 14th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 350 price target on shares of Trainline in a research report on Monday, September 14th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 384.71.

Trainline Trading Up 1.2%

Shares of TRN traded up GBX 2.53 during trading hours on Friday, reaching GBX 217.53. 959,676 shares of the company traded hands, compared to its average volume of 4,750,937. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. The firm has a market cap of £733.34 million, a price-to-earnings ratio of 11.37 and a beta of 0.40. The stock’s fifty day moving average price is GBX 206.52 and its 200 day moving average price is GBX 219.10. Trainline has a 12-month low of GBX 178 and a 12-month high of GBX 283.80.

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.