Trainline (LON:TRN) Given Buy Rating at Shore Capital Group

Trainline (LON:TRN)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital Group in a report issued on Friday, London Stock Exchange reports. They presently have a GBX 400 price objective on the stock. Shore Capital Group’s price objective suggests a potential upside of 105.97% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday. Six equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 381.57.

Trainline Trading Up 2.2%

Shares of TRN stock opened at GBX 194.20 on Friday. The stock has a market cap of £660.80 million, a price-to-earnings ratio of 10.15 and a beta of 0.40. The stock has a 50-day moving average of GBX 220.96 and a 200-day moving average of GBX 218.93. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. Trainline has a 1-year low of GBX 178 and a 1-year high of GBX 307.60.

Insider Activity

In other Trainline news, insider Niall McBride purchased 23,084 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 206 per share, for a total transaction of £47,553.04. Insiders own 7.62% of the company’s stock.

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.