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Trainline (LON:TRN) Price Target Lowered to GBX 220 at JPMorgan Chase & Co.

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Key Points

  • JPMorgan cut its price target for Trainline from GBX 230 to GBX 220 and keeps an underweight rating, implying roughly a 7% downside from the previous close.
  • Most other analysts remain positive — five Buys versus one Sell — leaving a consensus rating of Moderate Buy and a consensus target of GBX 365, well above JPMorgan's mark.
  • Trainline reported a strong quarter (GBX 23.60 EPS on £452.7m revenue) but shares fell as investors flagged guidance clarity concerns and potential pressure from UK policy shifts and geopolitical risks.
  • MarketBeat previews the top five stocks to own by June 1st.

Trainline (LON:TRN - Get Free Report) had its price target cut by analysts at JPMorgan Chase & Co. from GBX 230 to GBX 220 in a note issued to investors on Thursday,Digital Look reports. The firm currently has an "underweight" rating on the stock. JPMorgan Chase & Co.'s price target points to a potential downside of 7.02% from the company's previous close.

A number of other equities analysts also recently issued reports on the company. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 330 price target on shares of Trainline in a research report on Thursday, March 19th. Shore Capital Group reaffirmed a "buy" rating on shares of Trainline in a research report on Friday, March 20th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 350 price target on shares of Trainline in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Trainline presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 365.

Check Out Our Latest Stock Analysis on TRN

Trainline Stock Down 0.1%

Trainline stock opened at GBX 236.60 on Thursday. The business has a fifty day moving average of GBX 218.16 and a two-hundred day moving average of GBX 223.79. The company has a quick ratio of 0.52, a current ratio of 0.42 and a debt-to-equity ratio of 65.92. The firm has a market cap of £870.53 million, a P/E ratio of 14.14 and a beta of 0.33. Trainline has a twelve month low of GBX 178 and a twelve month high of GBX 307.60.

Trainline (LON:TRN - Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported GBX 23.60 earnings per share for the quarter. The company had revenue of £452.68 million during the quarter. Trainline had a return on equity of 27.44% and a net margin of 16.34%. On average, analysts forecast that Trainline will post 16.8458781 earnings per share for the current fiscal year.

Trending Headlines about Trainline

Here are the key news stories impacting Trainline this week:

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. 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.

See Also

Analyst Recommendations for Trainline (LON:TRN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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