Trainline Plc (LON:TRN) Given Average Rating of “Moderate Buy” by Brokerages

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

A number of equities analysts have issued reports on the stock. Shore Capital Group reaffirmed a “buy” rating on shares of Trainline in a research note on Friday, March 20th. Canaccord Genuity Group reduced their price objective 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. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 580 price objective on shares of Trainline in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. reduced their price objective 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.

Trainline Price Performance

Shares of Trainline stock opened at GBX 215.13 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. The stock has a market capitalization of £772.23 million, a price-to-earnings ratio of 11.25 and a beta of 0.39. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 307.60. The firm’s 50-day moving average price is GBX 225.56 and its two-hundred day moving average price is GBX 215.67.

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

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.