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 report report published on Friday, MarketBeat Ratings reports. They currently have a GBX 400 price target on the stock.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Trainline in a research note on Monday, September 7th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 381.57.

Trainline Price Performance

Shares of TRN opened at GBX 193.75 on Friday. Trainline has a 1 year low of GBX 178 and a 1 year high of GBX 307.60. The company has a debt-to-equity ratio of 128.17, a current ratio of 0.63 and a quick ratio of 0.52. The stock has a 50 day simple moving average of GBX 220.47 and a two-hundred day simple moving average of GBX 218.87. The firm has a market cap of £659.28 million, a P/E ratio of 10.13 and a beta of 0.40.

Insider Activity

In other Trainline news, insider Niall McBride bought 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. Company insiders own 7.62% of the company’s stock.

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.