Trainline’s (TRN) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of Trainline (LON:TRN) in a research note issued to investors on Thursday, Marketbeat Ratings reports.

Separately, Berenberg Bank increased their target price on Trainline from GBX 475 ($6.18) to GBX 490 ($6.38) and gave the company a “buy” rating in a report on Thursday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 433.75 ($5.65).

Trainline Stock Down 5.4 %

TRN stock opened at GBX 394.20 ($5.13) on Thursday. Trainline has a fifty-two week low of GBX 266.40 ($3.47) and a fifty-two week high of GBX 423.40 ($5.51). The business’s 50-day moving average is GBX 336.72 and its two-hundred day moving average is GBX 326.77. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The company has a market cap of £1.75 billion, a price-to-earnings ratio of 5,631.43 and a beta of 1.64.

Insiders Place Their Bets

In related news, insider Marie Lalleman purchased 4,950 shares of Trainline stock in a transaction 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). Company insiders own 4.08% of the company’s stock.

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.