Trainline (LON:TRN) Receives Buy Rating from Berenberg Bank

Trainline (LON:TRN)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 490 ($6.10) price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 35.06% from the company’s previous close.

Several other analysts also recently issued reports on TRN. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 500 ($6.22) price target on shares of Trainline in a research note on Tuesday, January 14th. Shore Capital reissued a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 456.25 ($5.68).

Trainline Stock Up 1.3 %

LON TRN traded up GBX 4.60 ($0.06) during trading on Wednesday, hitting GBX 362.80 ($4.52). The stock had a trading volume of 440,061 shares, compared to its average volume of 2,149,281. 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 company’s 50-day moving average price is GBX 400.13 and its two-hundred day moving average price is GBX 363.07. Trainline has a 12 month low of GBX 288.95 ($3.60) and a 12 month high of GBX 452.40 ($5.63). The company has a market capitalization of £1.61 billion, a PE ratio of 5,182.86 and a beta of 1.64.

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.