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

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

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

Trainline Trading Up 6.6 %

TRN opened at GBX 320.80 ($4.03) on Friday. The stock has a market capitalization of £1.50 billion, a P/E ratio of 6,416.00 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 firm’s fifty day simple moving average is GBX 342.17 and its 200 day simple moving average is GBX 313.77.

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.