Trainline (LON:TRN) Given Overweight Rating at JPMorgan Chase & Co.

Trainline (LON:TRN)‘s stock had its “overweight” rating reissued by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 500 ($6.12) price objective on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 22.80% from the stock’s previous close.

TRN has been the subject of a number of other research reports. Shore Capital restated a “buy” rating on shares of Trainline in a report on Thursday, November 7th. Berenberg Bank upped their price objective on Trainline from GBX 475 ($5.81) to GBX 490 ($6.00) and gave the stock a “buy” rating in a research note on Thursday, November 7th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 456.25 ($5.58).

Trainline Price Performance

Shares of TRN opened at GBX 407.16 ($4.98) on Tuesday. 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 50 day moving average price of GBX 415.59 and a 200-day moving average price of GBX 357.31. Trainline has a fifty-two week low of GBX 288.95 ($3.54) and a fifty-two week high of GBX 452.40 ($5.54). The stock has a market capitalization of £1.81 billion, a PE ratio of 5,816.61 and a beta of 1.64.

Insiders Place Their Bets

In other Trainline news, insider Marie Lalleman purchased 4,950 shares of the stock in a transaction on Friday, November 8th. The stock was acquired at an average price of GBX 400 ($4.90) per share, with a total value of £19,800 ($24,235.01). Corporate insiders own 4.08% of the company’s stock.

About Trainline

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.