Trainline (LON:TRN) Price Target Cut to GBX 485 by Analysts at Canaccord Genuity Group

Trainline (LON:TRN) had its target price lowered by Canaccord Genuity Group from GBX 500 ($6.47) to GBX 485 ($6.27) in a research note published on Thursday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of Trainline to a “neutral” rating and set a GBX 400 ($5.17) price objective on the stock. in a research note on Wednesday, February 19th. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.34) price objective on shares of Trainline in a research note on Wednesday, February 12th. Finally, Shore Capital reissued a “buy” rating on shares of Trainline in a report on Thursday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 442 ($5.72).

Trainline Price Performance

Shares of LON:TRN opened at GBX 265.40 ($3.43) on Thursday. The firm’s 50 day moving average price is GBX 350.12 and its 200-day moving average price is GBX 362.38. Trainline has a twelve month low of GBX 261.80 ($3.39) and a twelve month high of GBX 452.40 ($5.85). The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The stock has a market capitalization of £1.15 billion, a PE ratio of 36.38 and a beta of 1.64.

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.