Trainline (LON:TRN) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Trainline (LON:TRN) had its price objective lifted by investment analysts at Berenberg Bank from GBX 475 ($6.18) to GBX 490 ($6.38) in a research note issued to investors on Thursday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 18.24% from the company’s current price.

Separately, Shore Capital restated a “buy” rating on shares of Trainline in a research note on Monday, October 28th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 433.75 ($5.65).

Trainline Stock Up 4.4 %

TRN stock traded up GBX 17.60 ($0.23) on Thursday, hitting GBX 414.40 ($5.39). 2,994,267 shares of the company’s stock were exchanged, compared to its average volume of 1,288,333. The firm has a 50 day moving average price of GBX 332.59 and a two-hundred day moving average price of GBX 325.74. Trainline has a 12-month low of GBX 266.40 ($3.47) and a 12-month high of GBX 423.40 ($5.51). The stock has a market cap of £1.84 billion, a P/E ratio of 5,920.00 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

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.