Trainline (LON:TRN) Given “Buy” Rating at Shore Capital Group

Trainline (LON:TRN)‘s stock had its “buy” rating reissued by research analysts at Shore Capital Group in a research note issued on Friday, MarketBeat Ratings reports.

Several other brokerages have also weighed in on TRN. JPMorgan Chase & Co. cut their price objective on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a report on Monday, January 12th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 330 price objective on shares of Trainline in a research note on Thursday. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Trainline has an average rating of “Moderate Buy” and an average price target of GBX 394.

Trainline Trading Up 2.5%

Shares of LON:TRN traded up GBX 5.20 during midday trading on Friday, reaching GBX 212.20. The company’s stock had a trading volume of 14,245,000 shares, compared to its average volume of 4,695,271. The business has a 50 day moving average price of GBX 201.90 and a 200 day moving average price of GBX 234.27. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 308.60. The firm has a market cap of £796.85 million, a price-to-earnings ratio of 12.68 and a beta of 0.53. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92.

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.