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

Trainline (LON:TRN)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a research note issued on Wednesday,Digital Look reports.

TRN has been the topic of several other research reports. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.54) price objective on shares of Trainline in a research note on Wednesday, February 12th. Canaccord Genuity Group reduced their price target on Trainline from GBX 500 ($6.68) to GBX 485 ($6.48) and set a “buy” rating on the stock in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. downgraded Trainline to a “neutral” rating and set a GBX 400 ($5.34) price objective for the company. in a research report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 442 ($5.90).

Trainline Stock Performance

Shares of TRN opened at GBX 268.20 ($3.58) on Wednesday. Trainline has a 12-month low of GBX 247.80 ($3.31) and a 12-month high of GBX 452.40 ($6.04). The stock has a market cap of £1.16 billion, a P/E ratio of 36.76 and a beta of 1.64. 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 company has a 50-day moving average of GBX 285.16 and a two-hundred day moving average of GBX 351.68.

Trainline (LON:TRN) last posted its earnings results on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share (EPS) for the quarter. Trainline had a return on equity of 10.88% and a net margin of 8.57%. As a group, research analysts predict that Trainline will post 16.8458781 EPS for the current fiscal year.

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.