JPMorgan Chase & Co. Reiterates “Overweight” Rating for Trainline (LON:TRN)

Trainline (LON:TRN)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 500 ($6.12) price target on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 22.80% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank boosted their target price on shares of Trainline from GBX 475 ($5.81) to GBX 490 ($6.00) and gave the stock a “buy” rating in a report on Thursday, November 7th. Shore Capital restated a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 456.25 ($5.58).

Trainline Stock Up 3.8 %

TRN opened at GBX 407.16 ($4.98) on Tuesday. The firm’s fifty day moving average is GBX 415.59 and its 200 day moving average is GBX 357.31. Trainline has a fifty-two week low of GBX 288.95 ($3.54) and a fifty-two week high of GBX 452.40 ($5.54). The stock has a market cap of £1.81 billion, a price-to-earnings ratio of 5,816.61 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 Activity at Trainline

In related news, insider Marie Lalleman purchased 4,950 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was purchased at an average price of GBX 400 ($4.90) per share, with a total value of £19,800 ($24,235.01). 4.08% of the stock is owned by company insiders.

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.