Analysts Set Trainline Plc (LON:TRN) Price Target at GBX 397.67

Trainline Plc (LON:TRN) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 397.67.

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their target price on Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 580 target price on shares of Trainline in a report on Thursday, May 7th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a report on Friday, March 20th. Berenberg Bank reissued a “buy” rating and issued a GBX 350 target price on shares of Trainline in a report on Wednesday, May 6th. Finally, Canaccord Genuity Group reduced their target price on Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a report on Monday, May 11th.

Trainline Trading Up 1.3%

TRN opened at GBX 220 on Friday. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 307.60. The stock has a market capitalization of £804.35 million, a price-to-earnings ratio of 13.15 and a beta of 0.33. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. The business has a fifty day moving average price of GBX 225.87 and a 200 day moving average price of GBX 219.15.

Trainline (LON:TRN) last released its earnings results on Wednesday, May 6th. The company reported GBX 23.60 EPS for the quarter. The firm had revenue of £452.68 million during the quarter. Trainline had a return on equity of 35.11% and a net margin of 17.63%. Sell-side analysts expect that Trainline will post 16.8458781 earnings per share 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.

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.