Trainline (LON:TRN) Receives "Buy" Rating from UBS Group

Key Points

• UBS Group reaffirmed a "buy" rating for Trainline (LON:TRN) and set a price target of GBX 465, indicating a potential upside of 74.29% from its previous close.
• Conversely, JPMorgan Chase & Co. downgraded their price target on Trainline shares from GBX 325 to GBX 320 and assigned a "neutral" rating.
• Trainline's stock recently opened at GBX 266.80, reflecting a market capitalization of £1.09 billion with notable financial ratios indicating high valuation metrics.

Trainline (LON:TRN - Get Free Report)'s stock had its "buy" rating reissued by UBS Group in a research note issued on Friday, Marketbeat Ratings reports. They presently have a GBX 465 price target on the stock. UBS Group's target price points to a potential upside of 74.16% from the stock's current price.

Separately, JPMorgan Chase & Co. reduced their target price on Trainline from GBX 325 to GBX 320 and set a "neutral" rating for the company in a research report on Thursday, August 21st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 440.

Trainline Stock Performance

Shares of LON TRN traded up GBX 3.40 during mid-day trading on Friday, hitting GBX 267. The company had a trading volume of 26,875,145 shares, compared to its average volume of 2,172,832. The company has a market capitalization of £1.08 billion, a price-to-earnings ratio of 2,109.00 and a beta of 1.64. Trainline has a 1 year low of GBX 247.80 and a 1 year high of GBX 452.40. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The stock's 50-day moving average price is GBX 271.98 and its 200-day moving average price is GBX 278.02.

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.