Trainline’s (TRN) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Trainline (LON:TRN) in a report published on Wednesday, MarketBeat reports. The firm currently has a GBX 490 ($6.17) price target on the stock.

Several other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 500 ($6.29) price objective on shares of Trainline in a report on Tuesday, January 14th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a report on Thursday, November 7th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 456.25 ($5.74).

Trainline Price Performance

TRN opened at GBX 355 ($4.47) on Wednesday. The firm has a market cap of £1.54 billion, a P/E ratio of 48.66 and a beta of 1.64. The firm has a 50-day moving average of GBX 398.78 and a 200 day moving average of GBX 363.28. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. Trainline has a fifty-two week low of GBX 288.95 ($3.64) and a fifty-two week high of GBX 452.40 ($5.69).

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.