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TNLIY / Trainline a 'top pick' as broker says ‘strike while the iron is hot'

Trainline a 'top pick' as broker says ‘strike while the iron is hot'
Trainline will likely only suffer from strikes in the short term, according to Liberum analysts, who suggest a share target price of 470p for the company, far above its current value of 288p. Despite downgrading its 2023 earnings forecasts, Liberum said Trainline's “investment case remains unchanged” and provides an “attractive buying opportunity”. Read More
Posted: Jan 11 2023, 10:58
Author Name: Proactive Investors
Views: 110595

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Bullish Trainline moves up forecasts as ticket sales climb

By Proactive Investors
November 2, 2023

Bullish Trainline moves up forecasts as ticket sales climb

Trainline moved its forecasts for the full year towards the top end of its guidance after first-half revenues jumped by 19% and with ticket sales almo more_horizontal

Trainline risk/reward is turning says JPMorgan ahead of results

By Proactive Investors
November 1, 2023

Trainline risk/reward is turning says JPMorgan ahead of results

Ahead of Trainline PLC's (LSE:TRN) interim results on Thursday, JPMorgan said the shares are now offering a fairer risk/reward as regulatory changes more_horizontal

ITV, Trainline and 4Global: Stocks set to soar during Euro 2028

By Proactive Investors
October 11, 2023

ITV, Trainline and 4Global: Stocks set to soar during Euro 2028

When the UK and Ireland were confirmed as hosts for the Euros in 2028, economists at Deloitte estimated the tournament would provide a £2.6 billion b more_horizontal

Trainline launches £50 million buyback after strong first half

By Proactive Investors
September 14, 2023

Trainline launches £50 million buyback after strong first half

Trainline PLC (LSE:TRN) launched a £50 million share buyback as it reported strong trading in the first half of the financial year. The online ticket more_horizontal

Trainline bats off strike impact as European operations grow

By Proactive Investors
May 4, 2023

Trainline bats off strike impact as European operations grow

Trainline PLC (LSE:TRN) batted off the impact of UK rail strikes as it reported a 72% increase in ticket sales and 74% jump in revenue over the past y more_horizontal

Trainline shares on the high-speed line after stellar results

By Proactive Investors
May 4, 2023

Trainline shares on the high-speed line after stellar results

Shares of Trainline PLC (LSE:TRN) jumped 12% in early trade on Thursday after the company reported ticket sales of £4.3 billion for the last 12 month more_horizontal

Trainline confirms new Rail Delivery Group deal to lower commission

By Proactive Investors
May 2, 2023

Trainline confirms new Rail Delivery Group deal to lower commission

Trainline PLC (LSE:TRN) has confirmed the terms of a memorandum of understanding with the Rail Delivery Group to lower commission rates from online tr more_horizontal

Trainline falls short of sales expectations due to rail stirkes

By Proactive Investors
March 15, 2023

Trainline falls short of sales expectations due to rail stirkes

Trainline, the rail and coach ticket platform, said industrial action meant net sales fell short of expectations for the year to 28 February 2023. Gro more_horizontal


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