Trainline PLC with ticker (LON:TRN) now has a potential upside of 35.3% according to Canaccord Genuity.
Canaccord Genuity set a target price of 371 GBX for the company, which when compared to the Trainline PLC share price of 274 GBX at opening today (29/09/2023) indicates a potential upside of 35.3%. Trading has ranged between 216 (52 week low) and 354 (52 week high) with an average of 674,242 shares exchanging hands daily. The market capitalisation at the time of writing is £1,327,069,931.
Trainline plc provides an independent rail and coach travel platform, selling tickets to customers around the world. The Company enables travelers to search, book and manage their journeys through its Trainline Website, mobile application, and business-to-business (B2B) partner channels. It operates through three segments: UK Consumer, International Consumer and Trainline Solutions. The UK Consumer segment includes travel applications and Websites for individual travelers for journeys within the United Kingdom. The International Consumer segment includes travel applications and Websites for individual travelers for journeys outside the United Kingdom. The Trainline Solutions segment includes travel portal platforms for its own branded business units, in addition to external corporates, travel management companies and white label e-commerce platforms for train operating companies. UK Trainline Partner Solutions and International Trainline Partner Solutions are its technology platform.
Trainline PLC 35.3% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
Latest Company News
Trainline reported flat H1 net ticket sales of £3.3bn and a 1% decline in underlying revenue to £233m, while...
Trainline says it will continue to work constructively with the CMA after the regulator opened an investigation into certain...
Trainline has appointed Niall McBride as Audit and Risk Committee Chair and independent non-executive director, effective from 1 July...
Trainline has appointed Ian Brown as chief executive officer, with him due to join the board as an executive...
Annual results show modest revenue growth but double-digit EBITDA gains, alongside progress in AI integration, international markets, and share...
Trainline delivered FY2026 net ticket sales growth of 7% to £6.3bn and revenue growth of 2% to £453m. The...
