Trainline (LON:TRN) Price Target Lowered to GBX 485 at Canaccord Genuity Group

Trainline (LON:TRN) had its price objective lowered by Canaccord Genuity Group from GBX 500 ($6.48) to GBX 485 ($6.28) in a research note issued to investors on Thursday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered shares of Trainline to a “neutral” rating and set a GBX 400 ($5.18) target price for the company. in a research note on Wednesday, February 19th. Shore Capital restated a “buy” rating on shares of Trainline in a report on Thursday. Finally, Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.35) price target on shares of Trainline in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 442 ($5.73).

Trainline Stock Down 12.4 %

TRN stock opened at GBX 275 ($3.56) on Thursday. Trainline has a 12 month low of GBX 263.30 ($3.41) and a 12 month high of GBX 452.40 ($5.86). The firm has a market cap of £1.19 billion, a PE ratio of 37.69 and a beta of 1.64. The firm has a 50 day simple moving average of GBX 353.14 and a 200 day simple moving average of GBX 362.30. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52.

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.