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

Trainline Plc (LON:TRN) has received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 384.71.

TRN has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 350 price target on shares of Trainline in a report on Monday, September 14th. Shore Capital Group restated a “buy” rating and issued a GBX 400 price objective on shares of Trainline in a research note on Friday, October 9th. Canaccord Genuity Group boosted their target price on shares of Trainline from GBX 311 to GBX 333 and gave the stock a “buy” rating in a research report on Monday, September 14th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Monday, September 7th.

Trainline Trading Down 1.6%

LON:TRN opened at GBX 224.60 on Wednesday. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 283.80. The firm has a market cap of £757.17 million, a price-to-earnings ratio of 11.74 and a beta of 0.40. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. The company’s 50 day moving average is GBX 204.67 and its 200-day moving average is GBX 219.06.

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.