Trainline (LON:TRN) Downgraded to Neutral Rating by JPMorgan Chase & Co.

Trainline (LON:TRN) was downgraded by stock analysts at JPMorgan Chase & Co. to a “neutral” rating in a report released on Wednesday,London Stock Exchange reports. They currently have a GBX 400 ($5.05) price objective on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 25.79% from the company’s previous close.

TRN has been the topic of several other reports. Shore Capital reiterated a “buy” rating on shares of Trainline in a report on Thursday, November 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.18) target price on shares of Trainline in a research report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 431.25 ($5.44).

Trainline Stock Performance

LON:TRN traded down GBX 28 ($0.35) during mid-day trading on Wednesday, hitting GBX 318 ($4.01). The stock had a trading volume of 2,063,226 shares, compared to its average volume of 2,030,944. Trainline has a twelve month low of GBX 288.95 ($3.65) and a twelve month high of GBX 452.40 ($5.71). The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The stock has a market cap of £1.38 billion, a price-to-earnings ratio of 43.59 and a beta of 1.64. The company’s 50 day simple moving average is GBX 394.32 and its 200 day simple moving average is GBX 364.04.

Trainline Company Profile

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.