Analysts Set Trainline Plc (LON:TRN) Price Target at GBX 415.20

Shares of Trainline Plc (LON:TRN) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 415.20.

TRN has been the topic of several recent research reports. JPMorgan Chase & Co. lowered Trainline to an “underweight” rating and decreased their price target for the company from GBX 300 to GBX 230 in a report on Wednesday, December 3rd. Peel Hunt reissued a “buy” rating and issued a GBX 460 target price on shares of Trainline in a research note on Thursday, November 13th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 421 target price on shares of Trainline in a report on Thursday, November 6th. Berenberg Bank upped their price target on shares of Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Shore Capital reissued a “buy” rating on shares of Trainline in a research report on Wednesday, November 5th.

Trainline Trading Up 0.6%

TRN opened at GBX 219.80 on Thursday. The stock has a 50-day moving average of GBX 240.40 and a 200 day moving average of GBX 262.08. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. Trainline has a 12 month low of GBX 198.30 and a 12 month high of GBX 433.60. The firm has a market cap of £862.36 million, a P/E ratio of 13.14 and a beta of 1.64.

Trainline (LON:TRN) last posted its quarterly earnings data on Wednesday, November 5th. The company reported GBX 12.58 earnings per share (EPS) for the quarter. Trainline had a return on equity of 10.88% and a net margin of 8.57%. As a group, research analysts forecast that Trainline will post 16.8458781 EPS for the current year.

Trainline announced that its Board of Directors has authorized a stock repurchase program on Thursday, September 11th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board 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.

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.