Trainline Plc (LON:TRN – Get Free Report) shares fell 2.1% on Thursday . The company traded as low as GBX 269.40 ($3.48) and last traded at GBX 274.90 ($3.55). 1,012,297 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 3,644,253 shares. The stock had previously closed at GBX 280.80 ($3.62).
Analyst Upgrades and Downgrades
A number of research firms have issued reports on TRN. Canaccord Genuity Group cut their price objective on shares of Trainline from GBX 500 ($6.45) to GBX 485 ($6.26) and set a “buy” rating for the company in a report on Thursday, March 13th. Shore Capital restated a “buy” rating on shares of Trainline in a research report on Thursday, March 13th. Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.32) price target on shares of Trainline in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. downgraded shares of Trainline to a “neutral” rating and set a GBX 400 ($5.16) price objective on the stock. in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Trainline presently has a consensus rating of “Moderate Buy” and an average target price of GBX 442 ($5.70).
Get Our Latest Stock Report on TRN
Trainline Trading Down 5.2 %
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.
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