Shore Capital Reiterates “Buy” Rating for Trainline (LON:TRN)

Shore Capital reiterated their buy rating on shares of Trainline (LON:TRN) in a report published on Thursday, MarketBeat Ratings reports.

Separately, Berenberg Bank upped their price objective on shares of Trainline from GBX 475 ($6.18) to GBX 490 ($6.38) and gave the company a “buy” rating in a research note on Thursday. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 433.75 ($5.65).

Trainline Stock Performance

TRN stock opened at GBX 394.20 ($5.13) on Thursday. The stock’s 50 day simple moving average is GBX 336.72 and its 200 day simple moving average is GBX 326.77. Trainline has a 12-month low of GBX 266.40 ($3.47) and a 12-month high of GBX 423.40 ($5.51). The firm has a market cap of £1.75 billion, a P/E ratio of 5,631.43 and a beta of 1.64. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07.

Insider Buying and Selling

In other news, insider Marie Lalleman bought 4,950 shares of the company’s stock in a transaction that occurred 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 owned by company insiders.

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.