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

Trainline Plc (LON:TRN) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average twelve-month 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 company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 580 target price on shares of Trainline in a research report on Thursday, May 7th. Canaccord Genuity Group dropped their price target on Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a research report on Monday, May 11th. Berenberg Bank restated a “buy” rating and set a GBX 350 price target on shares of Trainline in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th.

Trainline Stock Performance

Trainline stock opened at GBX 246.20 on Friday. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63. The company has a market capitalization of £846.48 million, a PE ratio of 12.87 and a beta of 0.40. The company has a 50 day moving average price of GBX 223.75 and a 200-day moving average price of GBX 217.27. Trainline has a fifty-two week low of GBX 178 and a fifty-two week high of GBX 307.60.

Trainline (LON:TRN) last announced its quarterly earnings data on Wednesday, May 6th. The company reported GBX 23.60 earnings per share (EPS) for the quarter. The company had revenue of £452.68 million for the quarter. Trainline had a return on equity of 35.11% and a net margin of 17.63%. As a group, equities analysts forecast that Trainline will post 16.8458781 earnings per share for the current year.

Insider Buying and Selling

In other Trainline news, insider Niall McBride bought 23,084 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were acquired at an average price of GBX 206 per share, with a total value of £47,553.04. Company insiders own 7.56% of the company’s stock.

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.