Trainline Plc (LON:TRN) Stock Has Average Price Target of GBX 384.71

Shares of Trainline Plc (LON:TRN) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 384.71.

Several analysts have weighed in on the company. Canaccord Genuity Group upped their target price on Trainline from GBX 311 to GBX 333 and gave the company a “buy” rating in a report on Monday, September 14th. Shore Capital Group reiterated a “buy” rating and issued a GBX 400 price objective on shares of Trainline in a research report on Friday, September 11th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 350 price target on shares of Trainline in a research report on Monday, September 7th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research note on Monday, September 14th.

Trainline Stock Performance

LON TRN opened at GBX 200.59 on Friday. The business has a 50 day moving average price of GBX 213.46 and a 200 day moving average price of GBX 219.31. The company has a market capitalization of £682.56 million, a P/E ratio of 10.49 and a beta of 0.40. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 286.20. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52.

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.

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.