Trainline (LON:TRN - Get Free Report) had its price target cut by analysts at Canaccord Genuity Group from GBX 500 ($6.49) to GBX 485 ($6.30) in a research note issued to investors on Thursday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price target would indicate a potential upside of 72.23% from the company's previous close.
A number of other research analysts have also issued reports on TRN. Shore Capital reiterated a "buy" rating on shares of Trainline in a report on Thursday. Berenberg Bank reaffirmed a "buy" rating and set a GBX 490 ($6.36) price target on shares of Trainline in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. cut shares of Trainline to a "neutral" rating and set a GBX 400 ($5.20) price objective on the stock. in a research note on Wednesday, February 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 442 ($5.74).
View Our Latest Stock Report on TRN
Trainline Trading Up 6.1 %
Trainline stock traded up GBX 16.20 ($0.21) during trading hours on Thursday, hitting GBX 281.60 ($3.66). The stock had a trading volume of 2,789,318 shares, compared to its average volume of 3,826,152. The business's 50 day simple moving average is GBX 347.50 and its 200-day simple moving average is GBX 362.63. Trainline has a one year low of GBX 261.80 ($3.40) and a one year high of GBX 452.40 ($5.88). The stock has a market cap of £1.22 billion, a price-to-earnings ratio of 38.60 and a beta of 1.64. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07.
About Trainline
(
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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.
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