Shares of Trainline Plc (LON:TRN – Get Free Report) fell 14% during trading on Thursday after Canaccord Genuity Group lowered their price target on the stock from GBX 500 to GBX 485. Canaccord Genuity Group currently has a buy rating on the stock. Trainline traded as low as GBX 266 ($3.44) and last traded at GBX 269.80 ($3.49). 5,327,209 shares were traded during trading, an increase of 37% from the average session volume of 3,875,441 shares. The stock had previously closed at GBX 313.80 ($4.06).
Other analysts also recently issued reports about the stock. Shore Capital reissued a “buy” rating on shares of Trainline in a report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.34) target price on shares of Trainline in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. cut Trainline to a “neutral” rating and set a GBX 400 ($5.17) price target for the company. in a report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Trainline currently has an average rating of “Moderate Buy” and a consensus price target of GBX 442 ($5.72).
Check Out Our Latest Stock Analysis on TRN
Trainline Stock Performance
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.
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