Trainline's (TRN) Buy Rating Reaffirmed at Berenberg Bank

Trainline (LON:TRN - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Berenberg Bank in a report issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 490 ($6.16) price objective on the stock. Berenberg Bank's target price points to a potential upside of 36.80% from the company's current price.

TRN has been the subject of a number of other reports. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 500 ($6.29) price target on shares of Trainline in a research report on Tuesday, January 14th. Shore Capital reiterated a "buy" rating on shares of Trainline in a research report on Thursday, November 7th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 456.25 ($5.74).

Trainline Stock Up 0.9 %

TRN traded up GBX 3.20 ($0.04) on Wednesday, reaching GBX 358.20 ($4.51). The company's stock had a trading volume of 353,604 shares, compared to its average volume of 2,054,106. The company has a market capitalization of £1.55 billion, a price-to-earnings ratio of 49.10 and a beta of 1.64. Trainline has a fifty-two week low of GBX 288.95 ($3.64) and a fifty-two week high of GBX 452.40 ($5.69). The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The stock has a 50 day moving average of GBX 397.27 and a two-hundred day moving average of GBX 364.01.

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.