Trainline (LON:TRN) Sets New 1-Year High After Analyst Upgrade

Trainline Plc (LON:TRN)’s share price reached a new 52-week high on Thursday after Berenberg Bank raised their price target on the stock from GBX 475 to GBX 490. Berenberg Bank currently has a buy rating on the stock. Trainline traded as high as GBX 408.20 ($5.31) and last traded at GBX 396.80 ($5.17), with a volume of 1149891 shares traded. The stock had previously closed at GBX 400 ($5.21).

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, According to MarketBeat.com, Trainline has an average rating of “Buy” and a consensus price target of GBX 433.75 ($5.65).

Insider Activity

In other news, insider Marie Lalleman purchased 4,950 shares of the company’s 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). Insiders own 4.08% of the company’s stock.

Trainline Price Performance

The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm has a market capitalization of £1.75 billion, a PE ratio of 5,631.43 and a beta of 1.64. The stock has a fifty day moving average price of GBX 336.72 and a 200-day moving average price of GBX 326.77.

Trainline Company Profile

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.