Trainline (LON:TRN) Price Target Raised to GBX 490

Trainline (LON:TRN) had its price target upped by Berenberg Bank from GBX 475 ($6.18) to GBX 490 ($6.38) in a research report report published on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

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

Trainline Trading Down 5.4 %

LON TRN opened at GBX 394.20 ($5.13) on Thursday. The stock has a market capitalization of £1.75 billion, a price-to-earnings ratio of 5,631.43 and a beta of 1.64. Trainline has a one year low of GBX 266.40 ($3.47) and a one year high of GBX 423.40 ($5.51). 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 business’s fifty day moving average is GBX 336.72 and its 200-day moving average is GBX 326.77.

Insider Buying and Selling

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

About Trainline

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.