Trainline (LON:TRN) Price Target Increased to GBX 380 by Analysts at Barclays

Trainline (LON:TRN) had its price target increased by Barclays from GBX 365 ($4.59) to GBX 380 ($4.77) in a report published on Tuesday, Marketbeat.com reports. Barclays currently has an overweight rating on the stock.

A number of other brokerages have also weighed in on TRN. JPMorgan Chase & Co. increased their target price on shares of Trainline from GBX 359 ($4.51) to GBX 392 ($4.92) and gave the stock an overweight rating in a research report on Tuesday. Shore Capital reiterated a buy rating on shares of Trainline in a research note on Friday, May 3rd. Finally, Canaccord Genuity Group upped their price target on Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the company a buy rating in a research report on Friday, February 23rd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Trainline has a consensus rating of Buy and an average target price of GBX 385 ($4.84).

Trainline Stock Performance

LON:TRN opened at GBX 324.40 ($4.08) on Tuesday. Trainline has a 1 year low of GBX 216.40 ($2.72) and a 1 year high of GBX 393.80 ($4.95). The company has a debt-to-equity ratio of 49.06, a current ratio of 0.71 and a quick ratio of 0.52. The business has a fifty day simple moving average of GBX 343.10 and a two-hundred day simple moving average of GBX 316.32. The company has a market capitalization of £1.52 billion, a P/E ratio of 6,488.00 and a beta of 1.56.

Insiders Place Their Bets

In other news, insider Jody Ford sold 103,990 shares of Trainline stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of GBX 322 ($4.05), for a total transaction of £334,847.80 ($420,663.07). Corporate insiders own 0.91% of the company’s stock.

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.