Trainline’s (TRN) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Trainline (LON:TRN) in a research note published on Monday, Marketbeat reports. They currently have a GBX 400 price target on the stock.

TRN has been the subject of a number of other reports. Canaccord Genuity Group cut their price objective on Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a report on Monday, May 11th. JPMorgan Chase & Co. decreased their price objective on Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 580 target price on shares of Trainline in a research report on Thursday, May 7th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 350 target price on shares of Trainline in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Trainline has a consensus rating of “Moderate Buy” and an average target price of GBX 398.

Trainline Stock Up 1.6%

Shares of LON:TRN opened at GBX 199.90 on Monday. The firm has a market capitalization of £687.29 million, a PE ratio of 10.45 and a beta of 0.41. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 307.60. The firm has a fifty day moving average of GBX 225.42 and a 200 day moving average of GBX 219.47.

Insider Transactions at Trainline

In related news, insider Niall McBride acquired 23,084 shares of Trainline stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average cost of GBX 206 per share, with a total value of £47,553.04. 7.56% of the stock is currently owned by insiders.

About Trainline

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.