Insider Buying: Trainline Plc (LON:TRN) Insider Purchases 4,950 Shares of Stock

Trainline Plc (LON:TRN) insider Marie Lalleman bought 4,950 shares of Trainline stock in a transaction dated Friday, November 8th. The shares were acquired at an average cost of GBX 400 ($5.21) per share, with a total value of £19,800 ($25,774.54).

Trainline Stock Performance

Shares of LON:TRN opened at GBX 394.20 ($5.13) on Friday. 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 Plc has a 1 year low of GBX 266.40 ($3.47) and a 1 year high of GBX 423.40 ($5.51). The firm has a market capitalization of £1.75 billion, a PE ratio of 5,631.43 and a beta of 1.64. The business’s 50 day moving average price is GBX 336.72 and its 200-day moving average price is GBX 326.77.

Analysts Set New Price Targets

Several brokerages recently commented on TRN. Berenberg Bank boosted their price target on shares of Trainline from GBX 475 ($6.18) to GBX 490 ($6.38) and gave the stock a “buy” rating in a report on Thursday. Shore Capital reiterated a “buy” rating on shares of Trainline in a research report on Thursday. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trainline currently has an average rating of “Buy” and an average target price of GBX 433.75 ($5.65).

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.