Peel Hunt Reaffirms “Hold” Rating for Trainline (LON:TRN)

Peel Hunt reissued their hold rating on shares of Trainline (LON:TRN) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the company. Barclays boosted their target price on Trainline from GBX 425 ($5.55) to GBX 480 ($6.27) and gave the company an equal weight rating in a research report on Friday, September 13th. Morgan Stanley upped their price objective on Trainline from GBX 450 ($5.88) to GBX 480 ($6.27) and gave the stock an equal weight rating in a research report on Tuesday, September 17th. Finally, Peel Hunt reaffirmed a hold rating and set a GBX 430 ($5.62) price objective on shares of Trainline in a research report on Friday, October 25th.

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Shares of LON TRN opened at GBX 433 ($5.66) on Tuesday. The stock has a market capitalization of $2.08 billion and a price-to-earnings ratio of -0.10. Trainline has a 52-week low of GBX 400 ($5.23) and a 52-week high of GBX 522.80 ($6.83). The firm has a 50 day moving average price of GBX 427.52.

Trainline Company Profile

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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