Trainline Plc (LON:TRN) Given Average Rating of “Moderate Buy” by Analysts

Shares of Trainline Plc (LON:TRN) have earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 397.67.

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 580 target price on shares of Trainline in a research note on Thursday, May 7th. JPMorgan Chase & Co. decreased their target price on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a research note on Thursday, May 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Wednesday, May 6th. Canaccord Genuity Group decreased 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. Finally, Shore Capital Group reiterated a “buy” rating on shares of Trainline in a research note on Friday, March 20th.

Trainline Price Performance

Shares of TRN opened at GBX 221.20 on Thursday. The company has a market capitalization of £794.02 million, a P/E ratio of 11.56 and a beta of 0.39. 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 firm has a 50 day moving average of GBX 227.45 and a 200 day moving average of GBX 216.04. Trainline has a twelve month low of GBX 178 and a twelve month high of GBX 307.60.

Trainline (LON:TRN) last announced its quarterly earnings results on Wednesday, May 6th. The company reported GBX 23.60 earnings per share for the quarter. The company 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%. As a group, equities research analysts anticipate that Trainline will post 16.8458781 earnings per share for the current fiscal 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.