JPMorgan Chase & Co. Increases Trainline (LON:TRN) Price Target to GBX 392

Trainline (LON:TRN) had its target price upped by research analysts at JPMorgan Chase & Co. from GBX 359 ($4.51) to GBX 392 ($4.92) in a report released on Tuesday, Marketbeat.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 20.32% from the company’s current price.

A number of other equities analysts have also recently issued reports on TRN. Canaccord Genuity Group increased their target price on Trainline from GBX 371 ($4.66) to GBX 428 ($5.38) and gave the stock a “buy” rating in a report on Friday, February 23rd. Shore Capital restated a “buy” rating on shares of Trainline in a research note on Friday, May 3rd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 385 ($4.84).

Trainline Price Performance

Shares of TRN stock opened at GBX 325.80 ($4.09) on Tuesday. The company has a market capitalization of £1.53 billion, a P/E ratio of 6,516.00 and a beta of 1.56. 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 has a 12 month low of GBX 216.40 ($2.72) and a 12 month high of GBX 393.80 ($4.95). The stock has a 50 day moving average of GBX 342.78 and a two-hundred day moving average of GBX 316.25.

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.