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Trainline (LON:TRN) Sets New 1-Year High - What's Next?

Trainline logo with Consumer Cyclical background

Trainline Plc (LON:TRN - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 451.40 ($5.74) and last traded at GBX 426.60 ($5.42), with a volume of 653020 shares. The stock had previously closed at GBX 431 ($5.48).

Analysts Set New Price Targets

A number of equities analysts recently issued reports on TRN shares. Berenberg Bank boosted their target price on shares of Trainline from GBX 475 ($6.04) to GBX 490 ($6.23) and gave the stock a "buy" rating in a research report on Thursday, November 7th. Shore Capital reiterated a "buy" rating on shares of Trainline in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Trainline from GBX 438 ($5.57) to GBX 500 ($6.36) and gave the company an "overweight" rating in a research note on Thursday, December 5th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of GBX 456.25 ($5.80).

View Our Latest Research Report on Trainline

Trainline Stock Down 0.3 %

The firm's 50 day simple moving average is GBX 385.10 and its 200-day simple moving average is GBX 343.11. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The stock has a market capitalization of £1.89 billion, a price-to-earnings ratio of 6,128.57 and a beta of 1.64.

Insider Transactions at Trainline

In other Trainline news, insider Marie Lalleman acquired 4,950 shares of the business's stock in a transaction on Friday, November 8th. The stock was purchased at an average price of GBX 400 ($5.09) per share, with a total value of £19,800 ($25,171.62). Company insiders own 4.08% of the company's stock.

Trainline Company Profile

(Get Free Report)

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

Further Reading

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