Trainline (LON:TRN) Price Target Raised to GBX 325 at JPMorgan Chase & Co.

Trainline (LON:TRN) had its price target hoisted by JPMorgan Chase & Co. from GBX 320 to GBX 325 in a research report report published on Friday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other research firms have also commented on TRN. Shore Capital reiterated a “buy” rating on shares of Trainline in a research report on Thursday. UBS Group reiterated a “buy” rating and issued a GBX 465 price objective on shares of Trainline in a research report on Friday, September 5th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 441.25.

Trainline Price Performance

Trainline stock opened at GBX 300.03 on Friday. The company has a market cap of £1.21 billion, a P/E ratio of 2,369.94 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. Trainline has a one year low of GBX 247.80 and a one year high of GBX 452.40. The business has a fifty day moving average of GBX 271.53 and a two-hundred day moving average of GBX 276.68.

Trainline declared that its Board of Directors has authorized a stock repurchase plan on Thursday, September 11th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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.