Trainline (LON:TRN) Earns Buy Rating from Shore Capital
Trainline (LON:TRN – Get Free Report)’s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research report issued to clients and investors on Tuesday, LSE.Co.UK reports.
Several other research firms have also issued reports on TRN. JPMorgan Chase & Co. increased their target price on Trainline from GBX 316 ($4.00) to GBX 350 ($4.43) and gave the stock an “overweight” rating in a research note on Wednesday, December 6th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 371 ($4.69) price target on shares of Trainline in a research report on Thursday, November 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 340 ($4.30) price target on shares of Trainline in a research report on Monday, November 20th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 332.75 ($4.21).
Get Our Latest Stock Analysis on Trainline
Trainline Trading Up 3.2 %
TRN traded up GBX 10.20 ($0.13) during mid-day trading on Tuesday, hitting GBX 324.20 ($4.10). 399,317 shares of the stock were exchanged, compared to its average volume of 773,011. The firm’s fifty day moving average is GBX 276.37 and its two-hundred day moving average is GBX 262.81. Trainline has a 1-year low of GBX 216.40 ($2.74) and a 1-year high of GBX 349.80 ($4.42). The company has a current ratio of 0.71, a quick ratio of 0.52 and a debt-to-equity ratio of 49.06. The company has a market cap of £1.54 billion, a PE ratio of 6,484.00 and a beta of 1.53.
Trainline Company Profile (Get Free Report)
Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.
Featured Stories
LON: TRN’ width=”600″ height=”385″ />
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Trainline, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Trainline wasn’t on the list.
While Trainline currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Wondering when you’ll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Original: MarketBeat News Feed: Trainline (LON:TRN) Earns Buy Rating from Shore Capital