Jefferies Financial Group Reaffirms "Buy" Rating for Trainline (LON:TRN)

Key Points

• Jefferies reaffirmed its Buy rating on Trainline with a GBX 350 price target, implying 64.78% upside from the share price at the time of the report.
• Analyst views are mixed: five rate Trainline Buy, one Hold and one Sell. MarketBeat lists a consensus “Moderate Buy” rating and an average price target of GBX 367.57.
• Trainline reported quarterly EPS of GBX 13.82 and revenue of £233.29 million; analysts expected full-year EPS of 16.85.

Trainline (LON:TRN - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 350 price target on the stock. Jefferies Financial Group's target price would suggest a potential upside of 64.78% from the company's current price.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group dropped their price objective on shares of Trainline from GBX 333 to GBX 213 and set a "hold" rating on the stock in a research note on Friday, October 23rd. Shore Capital Group reaffirmed a "buy" rating and set a GBX 400 target price on shares of Trainline in a research note on Friday, October 9th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 350 target price on shares of Trainline in a research note on Monday, September 14th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 367.57.

Trainline Stock Performance

Shares of TRN stock opened at GBX 212.40 on Wednesday. Trainline has a 12 month low of GBX 178 and a 12 month high of GBX 283.80. The stock has a market cap of £716.04 million, a PE ratio of 11.10 and a beta of 0.38. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. The company's fifty day moving average price is GBX 202.75 and its 200-day moving average price is GBX 214.67.

Trainline (LON:TRN - Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported GBX 13.82 earnings per share (EPS) for the quarter. The company had revenue of £233.29 million during the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. On average, equities analysts expect that Trainline will post 16.85 EPS for the current fiscal year.

Trainline Company Profile

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. As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.

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