Trainline (LON:TRN) Reaches New 12-Month Low – Here’s Why

Trainline Plc (LON:TRN) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 260.20 ($3.41) and last traded at GBX 261.44 ($3.43), with a volume of 175811 shares traded. The stock had previously closed at GBX 275.20 ($3.61).

Analyst Ratings Changes

TRN has been the topic of a number of research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research report on Thursday, March 13th. Canaccord Genuity Group lowered their price target on shares of Trainline from GBX 500 ($6.55) to GBX 485 ($6.35) and set a “buy” rating on the stock in a report on Thursday, March 13th. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.42) price objective on shares of Trainline in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. cut Trainline to a “neutral” rating and set a GBX 400 ($5.24) price target for the company. in a research note on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 442 ($5.79).

Trainline Trading Down 5.3 %

The company’s fifty day moving average is GBX 317.98 and its 200-day moving average is GBX 359.85. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The firm has a market capitalization of £1.13 billion, a P/E ratio of 35.72 and a beta of 1.64.

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.