Trainline (LON:TRN) Hits New 12-Month High After Analyst Upgrade

Trainline Plc (LON:TRN) reached a new 52-week high on Thursday after Berenberg Bank raised their price target on the stock from GBX 475 to GBX 490. Berenberg Bank currently has a buy rating on the stock. Trainline traded as high as GBX 408.20 ($5.31) and last traded at GBX 396.80 ($5.17), with a volume of 1149891 shares traded. The stock had previously closed at GBX 400 ($5.21).

Separately, Shore Capital reiterated a “buy” rating on shares of Trainline in a research note on Monday, October 28th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 433.75 ($5.65).

Insider Activity at Trainline

In other Trainline news, insider Marie Lalleman acquired 4,950 shares of the stock in a transaction on Friday, November 8th. The stock was acquired at an average price of GBX 400 ($5.21) per share, for a total transaction of £19,800 ($25,774.54). 4.08% of the stock is currently owned by insiders.

Trainline Trading Down 5.4 %

The stock has a market cap of £1.75 billion, a PE ratio of 5,631.43 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The stock has a fifty day moving average price of GBX 336.72 and a 200 day moving average price of GBX 326.77.

Trainline Company Profile

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