Brokerages Set Trainline Plc (LON:TRN) PT at GBX 412.20

Trainline Plc (LON:TRN) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 412.20.

Several equities analysts recently issued reports on TRN shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 421 price target on shares of Trainline in a research report on Thursday, November 6th. Peel Hunt reiterated a “buy” rating and set a GBX 460 target price on shares of Trainline in a report on Thursday, November 13th. Berenberg Bank increased their target price on Trainline from GBX 490 to GBX 500 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Shore Capital restated a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. reduced their price target on Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a research note on Monday, January 12th.

Trainline Stock Performance

Shares of TRN stock opened at GBX 206 on Monday. The firm has a market capitalization of £797.01 million, a price-to-earnings ratio of 12.31 and a beta of 1.64. The stock has a fifty day moving average of GBX 223.13 and a 200 day moving average of GBX 253.59. Trainline has a 52 week low of GBX 198.30 and a 52 week high of GBX 381.20. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07.

Trainline (LON:TRN) last issued 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%. As a group, research analysts expect that Trainline will post 16.8458781 earnings per share for the current 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.