Trainline (LON:TRN) Price Target Increased to GBX 480 by Analysts at Morgan Stanley

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Trainline (LON:TRN) had its target price upped by stock analysts at Morgan Stanley from GBX 450 ($5.88) to GBX 480 ($6.27) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 2.13% from the stock’s current price.

TRN has been the subject of a number of other research reports. Peel Hunt boosted their price target on Trainline from GBX 400 ($5.23) to GBX 489 ($6.39) and gave the stock a “hold” rating in a research report on Tuesday. Barclays boosted their price target on Trainline from GBX 425 ($5.55) to GBX 480 ($6.27) and gave the stock an “equal weight” rating in a research report on Friday, September 13th.

Shares of TRN stock opened at GBX 470 ($6.14) on Tuesday. Trainline has a 1 year low of GBX 404 ($5.28) and a 1 year high of GBX 484.50 ($6.33). The stock’s fifty day simple moving average is GBX 447.88. The firm has a market cap of $2.26 billion and a price-to-earnings ratio of -0.11.

In other news, insider Douglas McCallum sold 1,876,006 shares of the business’s stock in a transaction on Wednesday, June 26th. The stock was sold at an average price of GBX 350 ($4.57), for a total value of £6,566,021 ($8,579,669.41).

Trainline Company Profile

Trainline Plc operates an independent rail and coach travel platform. The company operates through three segments: UK Consumer, International, and Trainline for Business. The UK Consumer segment sells rail tickets to domestic and inbound customers on behalf of various rail and coach carriers in the United Kingdom.

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