Trainline Plc (LON:TRN - Get Free Report)'s stock price fell 7.8% during mid-day trading on Wednesday . The company traded as low as GBX 314.61 ($3.97) and last traded at GBX 319.10 ($4.03). 1,296,749 shares were traded during mid-day trading, a decline of 35% from the average session volume of 2,009,598 shares. The stock had previously closed at GBX 346 ($4.37).
Analysts Set New Price Targets
A number of brokerages have issued reports on TRN. Shore Capital restated a "buy" rating on shares of Trainline in a research note on Thursday, November 7th. JPMorgan Chase & Co. downgraded Trainline to a "neutral" rating and set a GBX 400 ($5.05) price objective for the company. in a research note on Wednesday. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 490 ($6.19) price target on shares of Trainline in a research note on Wednesday, February 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 431.25 ($5.45).
Get Our Latest Report on TRN
Trainline Price Performance
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 company has a market cap of £1.38 billion, a P/E ratio of 43.53 and a beta of 1.64. The firm has a 50 day moving average price of GBX 387.46 and a two-hundred day moving average price of GBX 363.58.
Trainline Company Profile
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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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