Berenberg Bank Raises Trainline (LON:TRN) Price Target to GBX 490

Trainline (LON:TRN) had its price target upped by analysts at Berenberg Bank from GBX 475 ($6.18) to GBX 490 ($6.38) in a report issued on Thursday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 18.24% from the company’s current price.

Separately, Shore Capital restated a “buy” rating on shares of Trainline in a report on Monday, October 28th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 433.75 ($5.65).

Trainline Trading Up 4.4 %

TRN stock traded up GBX 17.60 ($0.23) during mid-day trading on Thursday, reaching GBX 414.40 ($5.39). The company had a trading volume of 2,994,267 shares, compared to its average volume of 1,288,333. The firm has a 50 day moving average of GBX 332.59 and a 200 day moving average of GBX 325.74. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. Trainline has a 12 month low of GBX 266.40 ($3.47) and a 12 month high of GBX 423.40 ($5.51). The company has a market capitalization of £1.84 billion, a PE ratio of 5,920.00 and a beta of 1.64.

About Trainline

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. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.