Trainline Plc (LON:TRN) Receives Consensus Rating of “Moderate Buy” from Analysts

Trainline Plc (LON:TRN) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 412.20.

Several analysts recently weighed in on the company. Berenberg Bank boosted their price objective on Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a report on Wednesday, November 5th. Peel Hunt reiterated a “buy” rating and issued a GBX 460 price target on shares of Trainline in a report on Thursday, November 13th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 421 price target on shares of Trainline in a research report on Thursday, November 6th. Shore Capital restated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research note on Monday, January 12th.

Trainline Trading Down 2.0%

LON TRN opened at GBX 209.40 on Monday. The company has a market capitalization of £810.16 million, a price-to-earnings ratio of 12.52 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. Trainline has a 12 month low of GBX 198.30 and a 12 month high of GBX 404.40. The company’s fifty day moving average price is GBX 229.07 and its two-hundred day moving average price is GBX 256.15.

Trainline (LON:TRN) last issued its earnings results on Wednesday, November 5th. The company reported GBX 12.58 earnings per share (EPS) for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. As a group, research analysts predict that Trainline will post 16.8458781 earnings per share for the current fiscal year.

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.

As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.