Trainline Plc (LON:TRN) Given Consensus Rating of “Buy” by Analysts

Shares of Trainline Plc (LON:TRN) have earned an average rating of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 470.20 ($6.14).

TRN has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Trainline from GBX 519 ($6.78) to GBX 511 ($6.68) and set a “buy” rating for the company in a report on Friday, May 7th. Barclays restated an “overweight” rating and set a GBX 360 ($4.70) price target on shares of Trainline in a research note on Friday, May 7th. JPMorgan Chase & Co. boosted their price target on Trainline from GBX 430 ($5.62) to GBX 450 ($5.88) and gave the stock a “neutral” rating in a research note on Friday, May 7th. Finally, Stifel Nicolaus dropped their price target on Trainline from GBX 525 ($6.86) to GBX 510 ($6.66) and set a “buy” rating on the stock in a research note on Friday, May 7th.

In other news, insider Brian McBride bought 18,684 shares of the company’s stock in a transaction that occurred on Wednesday, May 26th. The shares were purchased at an average price of GBX 268 ($3.50) per share, for a total transaction of £50,073.12 ($65,420.85). Also, insider Jennifer Duvalier bought 4,587 shares of the company’s stock in a transaction that occurred on Thursday, May 6th. The stock was purchased at an average price of GBX 438 ($5.72) per share, for a total transaction of £20,091.06 ($26,249.10).

Shares of TRN stock traded up GBX 14 ($0.18) on Friday, hitting GBX 271.20 ($3.54). The stock had a trading volume of 2,765,290 shares, compared to its average volume of 1,542,821. The company has a market capitalization of £1.30 billion and a P/E ratio of -13.47. The company has a debt-to-equity ratio of 95.43, a quick ratio of 1.28 and a current ratio of 1.45. The business has a 50 day moving average price of GBX 400.14. Trainline has a one year low of GBX 250.26 ($3.27) and a one year high of GBX 536.50 ($7.01).

Trainline Company Profile

Trainline Plc operates an independent rail and coach travel platform that sells rail and coach tickets worldwide. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

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Analyst Recommendations for Trainline (LON:TRN)

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