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

Shares of Trainline Plc (LON:TRN) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 397.67.

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 580 price target on shares of Trainline in a research note on Thursday, May 7th. Berenberg Bank restated a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research note on Wednesday, May 6th. JPMorgan Chase & Co. dropped their target price on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Finally, Canaccord Genuity Group cut their target price on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a research note on Monday, May 11th.

Insiders Place Their Bets

In other Trainline news, insider Niall McBride acquired 23,084 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were purchased at an average price of GBX 206 per share, for a total transaction of £47,553.04. 7.44% of the stock is currently owned by company insiders.

Trainline Trading Up 0.4%

Shares of Trainline stock opened at GBX 225.20 on Monday. Trainline has a 12-month low of GBX 178 and a 12-month high of GBX 307.60. The stock has a market cap of £786.03 million, a P/E ratio of 11.77 and a beta of 0.40. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. The business’s 50 day moving average is GBX 218.12 and its 200-day moving average is GBX 215.64.

Trainline (LON:TRN) last released its earnings results on Wednesday, May 6th. The company reported GBX 23.60 earnings per share for the quarter. The business had revenue of £452.68 million during the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. Equities 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.