Trainline (LON:TRN) had its price objective raised by Barclays from GBX 425 ($5.55) to GBX 480 ($6.27) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has an equal weight rating on the stock.
A number of other brokerages have also issued reports on TRN. Peel Hunt reissued a hold rating on shares of Trainline in a report on Monday, September 9th. Morgan Stanley started coverage on Trainline in a report on Thursday, August 1st. They issued an equal weight rating and a GBX 450 ($5.88) price objective for the company.
Shares of TRN stock opened at GBX 475.50 ($6.21) on Friday. Trainline has a 12-month low of GBX 404 ($5.28) and a 12-month high of GBX 484.50 ($6.33). The company has a market cap of $2.29 billion and a price-to-earnings ratio of -0.11. The business has a 50 day simple moving average of GBX 445.77.
Trainline Plc operates an independent rail and coach travel platform. The company operates through three segments: UK Consumer, International, and Trainline for Business. The UK Consumer segment sells rail tickets to domestic and inbound customers on behalf of various rail and coach carriers in the United Kingdom.
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