Analysts Set Trainline Plc (LON:TRN) PT at GBX 397.67

Shares of Trainline Plc (LON:TRN) have received an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 397.67.

A number of analysts have commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 350 price target on shares of Trainline in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 580 price objective on shares of Trainline in a research note on Thursday, May 7th. JPMorgan Chase & Co. reduced their target price on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th. Finally, Canaccord Genuity Group decreased 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.

Insider Buying and Selling at Trainline

In other news, insider Niall McBride bought 23,084 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average price of GBX 206 per share, for a total transaction of £47,553.04. Company insiders own 7.56% of the company’s stock.

Trainline Price Performance

Shares of Trainline stock opened at GBX 257.80 on Friday. Trainline has a one year low of GBX 178 and a one year high of GBX 307.60. The stock’s fifty day moving average is GBX 226.36 and its 200 day moving average is GBX 218.81. The stock has a market cap of £886.36 million, a P/E ratio of 13.48 and a beta of 0.41. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63.

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.