Trainline (LON:TRN) Earns “Hold” Rating from Peel Hunt

Peel Hunt reiterated their hold rating on shares of Trainline (LON:TRN) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Morgan Stanley started coverage on shares of Trainline in a research note on Thursday, August 1st. They set an equal weight rating and a GBX 450 ($5.88) target price on the stock.

Shares of TRN opened at GBX 479.50 ($6.27) on Monday. The company’s 50-day moving average is GBX 440.52. The company has a market cap of $2.30 billion and a price-to-earnings ratio of -0.11. Trainline has a 1-year low of GBX 404 ($5.28) and a 1-year high of GBX 484.50 ($6.33).

In related news, insider Douglas McCallum sold 1,876,006 shares of Trainline stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of GBX 350 ($4.57), for a total transaction of £6,566,021 ($8,579,669.41).

About Trainline

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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