Trainline (LON:TRN) Sets New 12-Month Low – Should You Sell?

Shares of Trainline Plc (LON:TRN) reached a new 52-week low on Wednesday . The company traded as low as GBX 184.61 and last traded at GBX 188.30, with a volume of 7038305 shares trading hands. The stock had previously closed at GBX 203.20.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TRN shares. Peel Hunt reissued a “buy” rating and set a GBX 460 price objective on shares of Trainline in a report on Thursday, November 13th. JPMorgan Chase & Co. lowered their price target on Trainline from GBX 230 to GBX 215 and set an “underweight” rating for the company in a research note on Monday, January 12th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 421 price target on shares of Trainline in a report on Thursday, November 6th. Berenberg Bank raised their price objective on Trainline from GBX 490 to GBX 500 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Trainline in a report on Wednesday, November 5th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 412.20.

Trainline Price Performance

The stock has a market cap of £721.02 million, a price-to-earnings ratio of 11.33 and a beta of 1.64. The company has a 50 day simple moving average of GBX 210.45 and a 200-day simple moving average of GBX 242.71. 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 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.