Trainline’s (TRN) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Trainline (LON:TRN) in a report published on Wednesday, Marketbeat Ratings reports. They currently have a GBX 460 price objective on the stock.

A number of other equities analysts have also commented on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 490 price target on shares of Trainline in a report on Thursday, September 11th. JPMorgan Chase & Co. increased their price objective on Trainline from GBX 320 to GBX 325 and gave the stock a “neutral” rating in a report on Friday, September 12th. UBS Group reaffirmed a “buy” rating and set a GBX 465 target price on shares of Trainline in a report on Friday, September 5th. Finally, Shore Capital reiterated a “buy” rating on shares of Trainline in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 434.20.

Trainline Price Performance

Trainline stock opened at GBX 260.05 on Wednesday. Trainline has a 52 week low of GBX 246.80 and a 52 week high of GBX 452.40. The company’s 50 day moving average price is GBX 269.69 and its two-hundred day moving average price is GBX 272.76. The stock has a market cap of £1.03 billion, a P/E ratio of 20.54 and a beta of 1.64. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07.

Trainline (LON:TRN) last announced its quarterly earnings data on Wednesday, November 5th. The company reported GBX 12.58 EPS for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. On average, equities analysts predict that Trainline will post 16.8458781 earnings per share for the current year.

Trainline announced that its Board of Directors has authorized a stock buyback plan on Thursday, September 11th that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

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.