Trainline (LON:TRN) Stock Rating Reaffirmed as “Buy” by Shore Capital Group

Trainline (LON:TRN)‘s stock had its “buy” rating restated by equities research analysts at Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 400 price target on the stock. Shore Capital Group‘s price target indicates a potential upside of 91.57% from the company’s current price.

A number of other research firms have also weighed in on TRN. Berenberg Bank reiterated a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday, September 14th. Jefferies Financial Group restated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research report on Wednesday. Finally, Canaccord Genuity Group lowered their price target on shares of Trainline from GBX 333 to GBX 213 and set a “hold” rating on the stock in a report on Friday, October 23rd. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 367.57.

Trainline Price Performance

Shares of TRN opened at GBX 208.80 on Wednesday. The company has a 50 day moving average price of GBX 202.75 and a 200-day moving average price of GBX 214.67. Trainline has a fifty-two week low of GBX 178 and a fifty-two week high of GBX 283.80. The stock has a market capitalization of £703.91 million, a PE ratio of 10.91 and a beta of 0.38. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63.

Trainline (LON:TRN) last released its quarterly earnings data on Wednesday, November 4th. The company reported GBX 13.82 earnings per share (EPS) for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The firm had revenue of £233.29 million for the quarter. Equities analysts predict that Trainline will post 16.85 earnings per share for the current fiscal 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.