Trainline’s (TRN) Buy Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of Trainline (LON:TRN) in a research note issued to investors on Thursday morning, Marketbeat Ratings reports.

Separately, Berenberg Bank raised their price target on shares of Trainline from GBX 475 ($6.18) to GBX 490 ($6.38) and gave the company a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trainline presently has an average rating of “Buy” and an average target price of GBX 433.75 ($5.65).

Trainline Trading Down 4.8 %

Shares of Trainline stock traded down GBX 20 ($0.26) on Thursday, hitting GBX 396.80 ($5.17). The stock had a trading volume of 1,634,416 shares, compared to its average volume of 1,291,990. The stock has a 50 day moving average of GBX 332.59 and a 200 day moving average of GBX 325.74. The firm has a market capitalization of £1.76 billion, a P/E ratio of 5,953.57 and a beta of 1.64. Trainline has a twelve month low of GBX 266.40 ($3.47) and a twelve month high of GBX 423.40 ($5.51). The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

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. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.