Trainline Plc (LON:TRN) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Trainline Plc (LON:TRN) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 384.71.

TRN has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 target price on shares of Trainline in a research report on Monday, September 14th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 350 price target on shares of Trainline in a report on Monday, September 7th. Canaccord Genuity Group upped their price target on Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a research report on Monday, September 14th. Finally, Shore Capital Group reissued a “buy” rating and issued a GBX 400 price objective on shares of Trainline in a research note on Friday, October 9th.

Trainline Stock Down 1.6%

LON TRN opened at GBX 224.60 on Wednesday. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 283.80. The company has a market capitalization of £757.17 million, a P/E ratio of 11.74 and a beta of 0.40. The company’s 50 day simple moving average is GBX 204.67 and its 200 day simple moving average is GBX 219.06. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52.

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.