Trainline Plc (LON:TRN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Trainline Plc (LON:TRN) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 457.50 ($6.06).

Several brokerages have recently weighed in on TRN. Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.49) price target on shares of Trainline in a research note on Wednesday, February 12th. JPMorgan Chase & Co. cut shares of Trainline to a “neutral” rating and set a GBX 400 ($5.30) price objective for the company. in a research report on Wednesday, February 19th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a report on Wednesday. Finally, Canaccord Genuity Group cut their price target on shares of Trainline from GBX 500 ($6.62) to GBX 485 ($6.43) and set a “buy” rating on the stock in a report on Thursday, March 13th.

Trainline Price Performance

Shares of TRN opened at GBX 249.60 ($3.31) on Friday. The stock has a 50 day simple moving average of GBX 283.25 and a 200 day simple moving average of GBX 350.71. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. Trainline has a 52-week low of GBX 247.80 ($3.28) and a 52-week high of GBX 452.40 ($5.99). The firm has a market capitalization of £1.08 billion, a PE ratio of 34.21 and a beta of 1.64.

Trainline (LON:TRN) last posted its quarterly earnings data on Wednesday, May 7th. The company reported GBX 19.20 ($0.25) earnings per share (EPS) for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. Sell-side analysts predict that Trainline will post 16.8458781 EPS for the current fiscal year.

Insider Buying and Selling at Trainline

In other news, insider Jody Ford sold 446,488 shares of the company’s stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of GBX 264 ($3.50), for a total value of £1,178,728.32 ($1,561,643.24). Insiders own 4.08% of the company’s stock.

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.