Barclays Increases Trainline (LON:TRN) Price Target to GBX 380

Trainline (LON:TRN - Get Free Report) had its price objective hoisted by Barclays from GBX 365 ($4.59) to GBX 380 ($4.77) in a report issued on Tuesday, LSE.Co.UK reports. The brokerage presently has an "overweight" rating on the stock. Barclays's target price would indicate a potential upside of 17.94% from the company's previous close.

TRN has been the topic of several other reports. Shore Capital reiterated a "buy" rating on shares of Trainline in a research report on Friday. JPMorgan Chase & Co. increased their target price on Trainline from GBX 359 ($4.51) to GBX 392 ($4.92) and gave the company an "overweight" rating in a report on Tuesday. Finally, Canaccord Genuity Group boosted their price target on Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the stock a "buy" rating in a report on Friday, February 23rd. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 385 ($4.84).

Get Our Latest Stock Analysis on Trainline

Trainline Price Performance

Shares of TRN stock traded up GBX 1.40 ($0.02) during midday trading on Tuesday, reaching GBX 322.20 ($4.05). 1,410,675 shares of the company traded hands, compared to its average volume of 930,375. The firm's 50 day simple moving average is GBX 342.78 and its two-hundred day simple moving average is GBX 316.25. The firm has a market cap of £1.51 billion, a PE ratio of 6,444.00 and a beta of 1.56. The company has a debt-to-equity ratio of 49.06, a current ratio of 0.71 and a quick ratio of 0.52. Trainline has a 1-year low of GBX 216.40 ($2.72) and a 1-year high of GBX 393.80 ($4.95).


About Trainline

(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. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

Further Reading

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