Trainline (LON:TRN) Price Target Raised to GBX 380 at Barclays

Trainline (LON:TRN) had its price objective increased by investment analysts at Barclays from GBX 365 ($4.59) to GBX 380 ($4.77) in a note issued to investors on Tuesday, Marketbeat reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 16.64% from the stock’s previous close.

TRN has been the topic of several other research reports. JPMorgan Chase & Co. boosted their price target on Trainline from GBX 359 ($4.51) to GBX 392 ($4.92) and gave the stock an “overweight” rating in a research note on Tuesday. Canaccord Genuity Group upped 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 report on Friday, February 23rd. Finally, Shore Capital reissued a “buy” rating on shares of Trainline in a research report on Friday, May 3rd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Trainline presently has a consensus rating of “Buy” and a consensus target price of GBX 385 ($4.84).

Trainline Stock Performance

Shares of TRN stock opened at GBX 325.80 ($4.09) on Tuesday. The company has a debt-to-equity ratio of 49.06, a current ratio of 0.71 and a quick ratio of 0.52. The company’s fifty day moving average price is GBX 342.78 and its two-hundred day moving average price is GBX 316.25. The firm has a market capitalization of £1.53 billion, a P/E ratio of 6,516.00 and a beta of 1.56. Trainline has a 12 month low of GBX 216.40 ($2.72) and a 12 month high of GBX 393.80 ($4.95).

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.