Trainline (LON:TRN) Receives Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of Trainline (LON:TRN) in a report published on Friday, Marketbeat reports.

Separately, Canaccord Genuity Group lifted their target price on Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the company a buy rating in a research note on Friday, February 23rd.

Trainline Trading Up 6.6 %

Shares of TRN opened at GBX 320.80 ($4.03) on Friday. The business’s 50-day moving average price is GBX 342.61 and its 200 day moving average price is GBX 315.68. The stock has a market capitalization of £1.50 billion, a P/E ratio of 6,416.00 and a beta of 1.56. Trainline has a 1-year low of GBX 216.40 ($2.72) and a 1-year high of GBX 393.80 ($4.95). The company has a current ratio of 0.71, a quick ratio of 0.52 and a debt-to-equity ratio of 49.06.

Trainline Company Profile

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. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.