Trainline (LON:TRN) Downgraded by JPMorgan Chase & Co. to Neutral

JPMorgan Chase & Co. downgraded shares of Trainline (LON:TRN) to a neutral rating in a report published on Wednesday morning,London Stock Exchange reports. The firm currently has GBX 400 ($5.03) price objective on the stock.

A number of other equities research analysts have also issued reports on TRN. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.17) price target on shares of Trainline in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 431.25 ($5.43).

Trainline Price Performance

LON:TRN opened at GBX 319.20 ($4.02) on Wednesday. The stock has a market cap of £1.38 billion, a PE ratio of 43.75 and a beta of 1.64. Trainline has a 52 week low of GBX 288.95 ($3.64) and a 52 week high of GBX 452.40 ($5.69). The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The business’s 50-day simple moving average is GBX 392.03 and its two-hundred day simple moving average is GBX 363.73.

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.