Trainline (LON:TRN) Stock Keeps “Buy” Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Trainline (LON:TRN) in a research report released on Friday morning,Digital Look reports. The brokerage currently has a GBX 350 target price on the stock.

A number of other analysts have also commented on the company. Canaccord Genuity Group dropped their price target on Trainline from GBX 333 to GBX 213 and set a “hold” rating for the company in a research note on Friday, October 23rd. Shore Capital Group reissued a “buy” rating and set a GBX 400 price objective on shares of Trainline in a research report on Wednesday. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 350 price objective on shares of Trainline in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 367.57.

Trainline Trading Down 1.7%

Shares of Trainline stock traded down GBX 3.40 during trading on Friday, reaching GBX 196.30. 1,809,570 shares of the stock were exchanged, compared to its average volume of 5,086,289. The company has a quick ratio of 0.52, a current ratio of 0.70 and a debt-to-equity ratio of 192.07. The firm has a market cap of £659.83 million, a price-to-earnings ratio of 10.26 and a beta of 0.38. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 280. The stock’s fifty day moving average is GBX 202.86 and its 200 day moving average is GBX 214.52.

Trainline (LON:TRN) last announced its quarterly earnings results on Wednesday, November 4th. The company reported GBX 13.82 earnings per share (EPS) for the quarter. The company had revenue of £233.29 million for the quarter. Trainline had a return on equity of 39.23% and a net margin of 15.92%. As a group, equities research analysts expect that Trainline will post 16.85 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.