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

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

Several equities research analysts recently issued reports on the stock. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research report on Friday, March 20th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 350 price target on shares of Trainline in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price target on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. Canaccord Genuity Group reduced their price target on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 580 price target on shares of Trainline in a research report on Thursday, May 7th.

Trainline Stock Performance

Shares of LON TRN opened at GBX 220.80 on Friday. The company has a market cap of £807.27 million, a PE ratio of 13.20 and a beta of 0.33. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 307.60. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. The company has a 50-day simple moving average of GBX 225.55 and a 200-day simple moving average of GBX 219.14.

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

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.