Berenberg Bank Reiterates “Buy” Rating for Trainline (LON:TRN)

Berenberg Bank reiterated their buy rating on shares of Trainline (LON:TRN) in a research report released on Wednesday,Digital Look reports. They currently have a GBX 490 ($6.10) target price on the stock.

TRN has been the topic of a number of other reports. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 500 ($6.22) price objective on shares of Trainline in a research note on Tuesday, January 14th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Trainline has a consensus rating of “Buy” and an average target price of GBX 456.25 ($5.68).

Trainline Stock Up 1.3 %

Trainline stock traded up GBX 4.60 ($0.06) during midday trading on Wednesday, hitting GBX 362.80 ($4.52). 440,061 shares of the company’s stock were exchanged, 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 has a market cap of £1.61 billion, a PE ratio of 5,182.86 and a beta of 1.64. The firm has a 50-day moving average of GBX 400.13 and a two-hundred day moving average of 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).

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.