Trainline (LON:TRN) Downgraded by JPMorgan Chase & Co. to “Neutral”

JPMorgan Chase & Co. downgraded shares of Trainline (LON:TRN) to a neutral rating in a report released on Wednesday morning, Marketbeat.com reports. They currently have GBX 400 ($5.05) price objective on the stock.

Several other research analysts have also issued reports on TRN. Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.19) target price on shares of Trainline in a research report on Wednesday, February 12th. Shore Capital reissued a “buy” rating on shares of Trainline in a research note on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Trainline has a consensus rating of “Moderate Buy” and a consensus price target of GBX 431.25 ($5.45).

Trainline Price Performance

Trainline stock opened at GBX 317.60 ($4.01) on Wednesday. Trainline has a 12-month low of GBX 288.95 ($3.65) and a 12-month high of GBX 452.40 ($5.72). The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The firm has a 50-day moving average price of GBX 387.46 and a 200-day moving average price of GBX 363.58. The firm has a market capitalization of £1.38 billion, a PE ratio of 43.53 and a beta of 1.64.

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.