Trainline Plc (LON:TRN) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Trainline has a “Moderate Buy” consensus rating from seven analysts, with six buy ratings and one sell rating. The average 12-month price target is GBX 397.67.
• Recent analyst views were mixed: Deutsche Bank issued a GBX 580 target and Berenberg maintained a GBX 350 target, while JPMorgan cut its target to GBX 220 with an “underweight” rating and Canaccord lowered its target to GBX 311 while retaining “buy.”
• Trainline shares opened at GBX 246.20, while the company reported quarterly revenue of £452.68 million, earnings of GBX 23.60 per share, a 17.63% net margin and a 35.11% return on equity.

Trainline Plc (LON:TRN - Get Free Report) has received an average rating of "Moderate Buy" from the seven research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 397.67.

TRN has been the subject of a number of recent analyst reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 350 price target on shares of Trainline in a research note on Wednesday, May 6th. JPMorgan Chase & Co. dropped their target price on Trainline from GBX 230 to GBX 220 and set an "underweight" rating for the company in a research report on Thursday, May 7th. Canaccord Genuity Group cut their target price on Trainline from GBX 330 to GBX 311 and set a "buy" rating on the stock in a research note on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 580 price target on shares of Trainline in a report on Thursday, May 7th.

Trainline Stock Up 0.1%

Shares of TRN opened at GBX 246.20 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 128.17. The business has a fifty day moving average of GBX 223.75 and a 200 day moving average of GBX 217.27. The company has a market cap of £846.48 million, a PE ratio of 12.87 and a beta of 0.40. Trainline has a 52-week low of GBX 178 and a 52-week high of GBX 307.60.

Trainline (LON:TRN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported GBX 23.60 earnings per share for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. The business had revenue of £452.68 million for the quarter. On average, sell-side analysts expect that Trainline will post 16.8458781 EPS for the current year.

Insiders Place Their Bets

In other Trainline news, insider Niall McBride bought 23,084 shares of Trainline stock in a transaction on Wednesday, July 1st. The shares were acquired at an average price of GBX 206 per share, for a total transaction of £47,553.04. 7.56% of the stock is currently owned by insiders.

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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