Trainline (LON:TRN) Receives Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Trainline (LON:TRN - Free Report) in a report issued on Thursday,Digital Look reports.

A number of other research firms also recently weighed in on TRN. Berenberg Bank reiterated a "buy" rating and set a GBX 490 ($6.36) target price on shares of Trainline in a research report on Wednesday, February 12th. JPMorgan Chase & Co. downgraded Trainline to a "neutral" rating and set a GBX 400 ($5.20) price target for the company. in a research note on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 442 ($5.74).

Trainline Stock Performance

LON:TRN traded up GBX 16.20 ($0.21) during mid-day trading on Thursday, hitting GBX 281.60 ($3.66). 2,789,318 shares of the stock were exchanged, compared to its average volume of 3,826,152. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm's 50-day simple moving average is GBX 347.50 and its 200 day simple moving average is GBX 362.63. Trainline has a fifty-two week low of GBX 261.80 ($3.40) and a fifty-two week high of GBX 452.40 ($5.88). The stock has a market capitalization of £1.22 billion, a price-to-earnings ratio of 38.60 and a beta of 1.64.

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.