Trainline (LON:TRN) Stock Rating Lowered by JPMorgan Chase & Co.

Trainline (LON:TRN) was downgraded by equities researchers at JPMorgan Chase & Co. to a “neutral” rating in a research note issued on Wednesday,London Stock Exchange reports. They currently have a GBX 400 ($5.05) target price on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 25.79% from the stock’s previous close.

A number of other equities analysts have also weighed in on the stock. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research note on Thursday, November 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.18) price objective on shares of Trainline in a report on Wednesday, February 12th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Trainline currently has an average rating of “Moderate Buy” and a consensus target price of GBX 431.25 ($5.44).

Trainline Stock Down 8.1 %

Shares of Trainline stock traded down GBX 28 ($0.35) on Wednesday, hitting GBX 318 ($4.01). The company had a trading volume of 2,063,226 shares, compared to its average volume of 2,030,944. The firm has a market capitalization of £1.38 billion, a P/E ratio of 43.59 and a beta of 1.64. Trainline has a twelve month low of GBX 288.95 ($3.65) and a twelve month high of GBX 452.40 ($5.71). The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The stock has a 50-day moving average of GBX 394.32 and a 200-day moving average of GBX 364.04.

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.