Trainline Plc (LON:TRN) Receives GBX 415.20 Consensus Target Price from Analysts

Shares of Trainline Plc (LON:TRN) have earned an average rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 415.20.

Several equities research analysts have recently weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Berenberg Bank raised their price objective on shares of Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. downgraded Trainline to an “underweight” rating and dropped their target price for the stock from GBX 300 to GBX 230 in a research report on Wednesday, December 3rd. Peel Hunt reissued a “buy” rating and set a GBX 460 price target on shares of Trainline in a research note on Thursday, November 13th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 421 price objective on shares of Trainline in a report on Thursday, November 6th.

Trainline Trading Down 1.1%

Shares of TRN opened at GBX 218.40 on Thursday. Trainline has a 1-year low of GBX 198.30 and a 1-year high of GBX 435.80. The firm’s 50-day moving average price is GBX 241.13 and its 200-day moving average price is GBX 262.55. The firm has a market capitalization of £856.87 million, a price-to-earnings ratio of 13.05 and a beta of 1.64. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07.

Trainline (LON:TRN) last posted its quarterly earnings data 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%. Sell-side analysts anticipate that Trainline will post 16.8458781 EPS for the current year.

Trainline announced that its Board of Directors has approved a stock repurchase program on Thursday, September 11th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

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.