JPMorgan Chase & Co. Raises Trainline (LON:TRN) Price Target to GBX 392

Trainline (LON:TRN) had its price target upped by equities research analysts at JPMorgan Chase & Co. from GBX 359 ($4.51) to GBX 392 ($4.92) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 20.32% from the company’s current price.

A number of other analysts also recently commented on TRN. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research report on Friday, May 3rd. Canaccord Genuity Group raised their target price on Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the company a “buy” rating in a research report on Friday, February 23rd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Trainline presently has a consensus rating of “Buy” and a consensus target price of GBX 385 ($4.84).

Trainline Trading Up 1.1 %

Shares of TRN stock opened at GBX 325.80 ($4.09) on Tuesday. Trainline has a 52-week low of GBX 216.40 ($2.72) and a 52-week high of GBX 393.80 ($4.95). The company has a 50-day simple moving average of GBX 342.78 and a two-hundred day simple moving average of GBX 316.25. The company has a debt-to-equity ratio of 49.06, a quick ratio of 0.52 and a current ratio of 0.71. The company has a market capitalization of £1.53 billion, a price-to-earnings ratio of 6,516.00 and a beta of 1.56.

About Trainline

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.