Shares of Trainline Plc (LON:TRN – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 424.60 ($5.42) and last traded at GBX 424.60 ($5.42), with a volume of 487485 shares changing hands. The stock had previously closed at GBX 420 ($5.36).
Analyst Ratings Changes
Several brokerages recently weighed in on TRN. Berenberg Bank increased their price objective on Trainline from GBX 475 ($6.06) to GBX 490 ($6.25) and gave the stock a “buy” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. increased their price target on Trainline from GBX 438 ($5.59) to GBX 500 ($6.38) and gave the stock an “overweight” rating in a report on Thursday. Finally, Shore Capital restated a “buy” rating on shares of Trainline in a report on Thursday, November 7th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trainline currently has an average rating of “Buy” and a consensus target price of GBX 456.25 ($5.82).
Get Our Latest Analysis on Trainline
Trainline Stock Down 0.4 %
Insider Buying and Selling
In other Trainline news, insider Marie Lalleman purchased 4,950 shares of the business’s stock in a transaction on Friday, November 8th. The shares were bought at an average cost of GBX 400 ($5.10) per share, for a total transaction of £19,800 ($25,264.77). 4.08% of the stock is owned by corporate insiders.
Trainline Company Profile
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. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.
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