Trainline (LON:TRN) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Trainline (LON:TRN) had its price objective lifted by research analysts at Berenberg Bank from GBX 475 ($6.18) to GBX 490 ($6.38) in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 24.30% from the stock’s current price.

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

Trainline Trading Down 5.4 %

TRN stock opened at GBX 394.20 ($5.13) on Thursday. The firm has a fifty day moving average price of GBX 336.72 and a 200 day moving average price of GBX 326.77. Trainline has a fifty-two week low of GBX 266.40 ($3.47) and a fifty-two week high of GBX 423.40 ($5.51). The firm has a market cap of £1.75 billion, a PE ratio of 5,631.43 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

Insider Buying and Selling at Trainline

In other news, insider Marie Lalleman bought 4,950 shares of Trainline stock in a transaction dated Friday, November 8th. The shares were acquired at an average price of GBX 400 ($5.21) per share, with a total value of £19,800 ($25,774.54). Company insiders own 4.08% of the company’s stock.

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.