Trainline Plc (LON:TRN) Given Average Recommendation of “Moderate Buy” by Analysts

Trainline Plc (LON:TRN) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 397.67.

A number of equities research analysts have recently issued reports on TRN shares. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research report on Friday, March 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 580 target price on shares of Trainline in a research note on Thursday, May 7th. Canaccord Genuity Group lowered their target price on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a research note on Monday, May 11th. JPMorgan Chase & Co. lowered their target price on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Wednesday, May 6th.

Trainline Trading Up 1.2%

Shares of TRN stock opened at GBX 221.20 on Thursday. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 307.60. The firm has a fifty day moving average price of GBX 227.45 and a 200-day moving average price of GBX 216.04. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. The company has a market cap of £794.02 million, a price-to-earnings ratio of 11.56 and a beta of 0.39.

Trainline (LON:TRN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported GBX 23.60 earnings per share (EPS) for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The firm had revenue of £452.68 million during the quarter. As a group, equities analysts predict that Trainline will post 16.8458781 earnings per share for the current year.

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.

As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.