Trainline (LON:TRN) Earns “Buy” Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Trainline (LON:TRN) in a research note issued to investors on Thursday morning,Digital Look reports.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of Trainline to a “neutral” rating and set a GBX 400 ($5.17) price objective for the company. in a research note on Wednesday, February 19th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.34) price objective on shares of Trainline in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Trainline presently has an average rating of “Moderate Buy” and an average target price of GBX 442 ($5.72).

Trainline Price Performance

Shares of LON:TRN opened at GBX 265.40 ($3.43) on Thursday. The company has a 50 day moving average of GBX 350.12 and a 200 day moving average of GBX 362.38. The stock has a market cap of £1.15 billion, a P/E ratio of 36.38 and a beta of 1.64. Trainline has a 12 month low of GBX 261.80 ($3.39) and a 12 month high of GBX 452.40 ($5.85). The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07.

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.