Trainline’s (TRN) “Buy” Rating Reaffirmed at Berenberg Bank

Trainline (LON:TRN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 490 ($6.10) target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 35.06% from the company’s current price.

A number of other research firms have also recently issued reports on TRN. Shore Capital reiterated a “buy” rating on shares of Trainline in a research note on Thursday, November 7th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 500 ($6.22) price objective on shares of Trainline in a research note on Tuesday, January 14th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 456.25 ($5.68).

Trainline Stock Up 1.3 %

Shares of Trainline stock traded up GBX 4.60 ($0.06) during midday trading on Wednesday, reaching GBX 362.80 ($4.52). 440,061 shares of the company’s stock traded hands, compared to its average volume of 2,149,281. The company has a market cap of £1.61 billion, a price-to-earnings ratio of 5,182.86 and a beta of 1.64. Trainline has a 52 week low of GBX 288.95 ($3.60) and a 52 week high of GBX 452.40 ($5.63). The company’s 50 day simple moving average is GBX 400.13 and its 200 day simple moving average is GBX 363.07. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

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.