Trainline (LON:TRN) Price Target Raised to GBX 392

Posted by on May 10th, 2024

Trainline (LON:TRN – Free Report) had its price target upped by JPMorgan Chase & Co. from GBX 359 ($4.51) to GBX 392 ($4.92) in a research report report published on Tuesday, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

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

Check Out Our Latest Stock Report on Trainline

Trainline Stock Down 0.4 %

Trainline stock opened at GBX 324.40 ($4.08) on Tuesday. The company has a 50-day simple moving average of GBX 343.10 and a 200-day simple moving average of GBX 316.32. 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 firm has a market capitalization of £1.52 billion, a P/E ratio of 6,488.00 and a beta of 1.56. Trainline has a one year low of GBX 216.40 ($2.72) and a one year high of GBX 393.80 ($4.95).

Insiders Place Their Bets

In other Trainline news, insider Jody Ford sold 103,990 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of GBX 322 ($4.05), for a total value of £334,847.80 ($420,663.07). Corporate insiders own 0.91% of the company’s stock.

About Trainline

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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.

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