Trainline’s (TRN) Buy Rating Reiterated at Shore Capital Group

Shore Capital Group restated their buy rating on shares of Trainline (LON:TRN) in a research note released on Wednesday,Digital Look reports. Shore Capital Group currently has a GBX 400 target price on the stock.

TRN has been the subject of a number of other research reports. Canaccord Genuity Group decreased their target price on shares of Trainline from GBX 333 to GBX 213 and set a “hold” rating for the company in a research report on Friday, October 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 350 price target on shares of Trainline in a research report on Wednesday. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 350 target price on shares of Trainline in a research note on Monday, September 14th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 367.57.

Trainline Price Performance

Shares of TRN stock opened at GBX 196.30 on Wednesday. Trainline has a one year low of GBX 178 and a one year high of GBX 280. The company has a market capitalization of £659.83 million, a P/E ratio of 10.26 and a beta of 0.38. The company’s 50-day simple moving average is GBX 202.86 and its two-hundred day simple moving average is GBX 214.52. The company has a debt-to-equity ratio of 192.07, a current ratio of 0.70 and a quick ratio of 0.52.

Trainline (LON:TRN) last issued its earnings results on Wednesday, November 4th. The company reported GBX 13.82 earnings per share for the quarter. The business had revenue of £233.29 million during the quarter. Trainline had a return on equity of 39.23% and a net margin of 15.92%. As a group, equities analysts anticipate that Trainline will post 16.85 EPS 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.