Trainline (LON:TRN) Receives Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of Trainline (LON:TRN - Free Report) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports.

TRN has been the topic of a number of other reports. Berenberg Bank reiterated a "buy" rating and set a GBX 490 ($6.52) price target on shares of Trainline in a research report on Wednesday, February 12th. Canaccord Genuity Group cut their target price on Trainline from GBX 500 ($6.65) to GBX 485 ($6.45) and set a "buy" rating on the stock in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. lowered shares of Trainline to a "neutral" rating and set a GBX 400 ($5.32) price target for the company. in a research report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 457.50 ($6.09).

Trainline Stock Performance

TRN traded up GBX 0.57 ($0.01) during trading hours on Wednesday, hitting GBX 250.37 ($3.33). 3,472,100 shares of the stock were exchanged, compared to its average volume of 3,013,867. The stock has a market cap of £1.09 billion, a price-to-earnings ratio of 34.32 and a beta of 1.64. The stock has a 50-day simple moving average of GBX 282.16 and a 200-day simple moving average of GBX 350.15. 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 has a 12 month low of GBX 247.80 ($3.30) and a 12 month high of GBX 452.40 ($6.02).

Trainline (LON:TRN - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share (EPS) for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. Analysts anticipate that Trainline will post 16.8458781 earnings per share for the current year.

Insiders Place Their Bets

In other Trainline news, insider Jody Ford sold 446,488 shares of the business's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of GBX 264 ($3.51), for a total transaction of £1,178,728.32 ($1,568,083.44). 4.08% of the stock is currently owned by insiders.

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.