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Trainline (LON:TRN) Sets New 52-Week Low - What's Next?

Trainline logo with Consumer Cyclical background
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Trainline Plc (LON:TRN - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 260.20 ($3.31) and last traded at GBX 261.44 ($3.33), with a volume of 175811 shares trading hands. The stock had previously closed at GBX 275.20 ($3.50).

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TRN. Shore Capital reaffirmed a "buy" rating on shares of Trainline in a research note on Thursday, March 13th. Berenberg Bank restated a "buy" rating and set a GBX 490 ($6.24) price objective on shares of Trainline in a research report on Wednesday, February 12th. JPMorgan Chase & Co. cut Trainline to a "neutral" rating and set a GBX 400 ($5.09) target price for the company. in a report on Wednesday, February 19th. Finally, Canaccord Genuity Group cut their price target on Trainline from GBX 500 ($6.36) to GBX 485 ($6.17) and set a "buy" rating on the stock in a research note on Thursday, March 13th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 442 ($5.63).

Get Our Latest Research Report on Trainline

Trainline Price Performance

The company has a fifty day simple moving average of GBX 315.81 and a 200 day simple moving average of GBX 359.79. The stock has a market capitalization of £1.12 billion, a price-to-earnings ratio of 35.36 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

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About Trainline

(Get Free Report)

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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