Trainline’s (TRN) Buy Rating Reiterated at Shore Capital Group

Trainline (LON:TRN)‘s stock had its “buy” rating restated by equities research analysts at Shore Capital Group in a research note issued on Thursday,Digital Look reports.

TRN has been the topic of several other research reports. Peel Hunt reiterated a “buy” rating and issued a GBX 460 price objective on shares of Trainline in a report on Thursday, November 13th. JPMorgan Chase & Co. dropped their target price on Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research report on Monday, January 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 412.20.

Trainline Stock Down 3.6%

Shares of LON TRN opened at GBX 186.50 on Thursday. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92. The business’s 50 day moving average is GBX 204.14 and its two-hundred day moving average is GBX 236.99. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 309. The firm has a market cap of £700.34 million, a price-to-earnings ratio of 11.15 and a beta of 0.53.

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.