Trainline's (TRN) "Buy" Rating Reaffirmed at Shore Capital

Key Points

• Shore Capital has reaffirmed a "Buy" rating for Trainline's (TRN) stock, highlighting confidence in the company's performance.
• UBS Group has also issued a "Buy" rating with a target price of GBX 465, while JPMorgan has downgraded their target from GBX 325 to GBX 320.
• The stock is currently priced at GBX 281.80, with a one-year range between GBX 247.80 and GBX 452.40, indicating the company’s potential for recovery and growth.

Trainline (LON:TRN - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Shore Capital in a report released on Thursday,Digital Look reports.

A number of other equities analysts also recently issued reports on TRN. UBS Group reissued a "buy" rating and issued a GBX 465 price target on shares of Trainline in a research note on Friday, September 5th. JPMorgan Chase & Co. reduced their price target on shares of Trainline from GBX 325 to GBX 320 and set a "neutral" rating for the company in a research report on Thursday, August 21st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 440.

Trainline Price Performance

TRN stock opened at GBX 281.80 on Thursday. Trainline has a 1 year low of GBX 247.80 and a 1 year high of GBX 452.40. The company has a market cap of £1.14 billion, a P/E ratio of 2,225.91 and a beta of 1.64. The firm has a 50-day moving average of GBX 270.95 and a 200 day moving average of GBX 277.44. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.