Trainline (LON:TRN) Sets New 52-Week Low – What’s Next?

Trainline Plc (LON:TRN) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 266 ($3.45) and last traded at GBX 268.40 ($3.48), with a volume of 5274372 shares changing hands. The stock had previously closed at GBX 313.80 ($4.07).

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 490 ($6.35) price target on shares of Trainline in a research report on Wednesday, February 12th. JPMorgan Chase & Co. downgraded Trainline to a “neutral” rating and set a GBX 400 ($5.19) price objective for the company. in a research note on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Trainline currently has a consensus rating of “Moderate Buy” and an average target price of GBX 431.25 ($5.59).

Trainline Price Performance

The company has a market capitalization of £1.17 billion, a P/E ratio of 36.98 and a beta of 1.64. The business’s 50-day moving average is GBX 355.91 and its two-hundred day moving average is GBX 362.61. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07.

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.