JPMorgan upgrades Trainline to 'overweight'
27th Oct 2023 12:03
(Sharecast News) - Trainline surged on Friday as JPMorgan Cazenove lifted the shares to 'overweight' from 'neutral' and upped the price target to 300p from 295p, pointing in part to an attractive valuation.
Read moreCanaccord Genuity reiterates 'buy' rating on Trainline ahead of interims
27th Oct 2023 10:04
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on online ticket retailer Trainline on Friday ahead of the group's interim results on 2 November.
Read moreCanaccord sees scope for £500m of share buybacks at Trainline
18th Sep 2023 09:12
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' recommendation and 271.0p target price on shares of Trainline due to their "depressed" valuation despite the "materially" improving outlook and potential for share buybacks.
Read moreLondon close: Stocks stay green as energy prices rise
14th Sep 2023 15:06
(Sharecast News) - London's stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Read moreTrainline launches £50m buyback after strong first half
14th Sep 2023 07:02
(Sharecast News) - Online travel platform Trainline on Thursday launched a £50m share buyback as ticket sales grew by almost a quarter in the first six months of its financial year.
Read moreCanaccord Genuity starts Trainline at 'buy'
5th Sep 2023 10:50
(Sharecast News) - Canaccord Genuity initiated coverage of Trainline on Tuesday with a 'buy' rating and 371p price target as it argued it's potentially a 10-15% organic growth business and said the valuation is "very low valuation for such a high-growth and quality platform player".
Read moreBroker tips: Analysts positive on CAB Payments and Trainline
16th Aug 2023 12:44
(Sharecast News) - Canaccord Genuity expects shares of CAB Payments to more than double from current levels, as it kicked off coverage of the stock with a 'buy' rating.
Read moreTrainline's discount to the market "unwarranted", says Shore Capital
16th Aug 2023 09:20
(Sharecast News) - Trainline is being undervalued by the market, according to broker Shore Capital, which sees huge upside for shares of the rail and coach booking platform.
Read moreDirector dealings: Trainline non-exec linked to £25k buy, LSEG director's firm sells more
15th May 2023 12:10
(Sharecast News) - Trainline found itself on the list of director buys on Monday, after one of its non-executive directors was linked to a near-£25k transaction.
Read moreTrainline reports recovery in profits and sales to pre-Covid levels
4th May 2023 10:36
(Sharecast News) - Trainline saw sales and profits recover to above their pre-Covid levels, driven by the rebound in UK Consumer and International Consumer net ticket sales.
Read moreTrainline sales surge as European routes open to competition
15th Mar 2023 07:55
(Sharecast News) - Online rail ticket seller Trainline said revenues surged 74% in its last fiscal year, driven by soaring international ticket sales as European routes opened up to competition, offsetting a UK performance hit by rail strikes.
Read moreNetwork Rail makes revised offer to unions
1st Feb 2023 12:31
(Sharecast News) - Network Rail has tabled a revised offer to try and unblock a pay deal with unions and put an end to seven months of strikes.
Read moreNetwork Rail makes revised offer to unions
1st Feb 2023 12:31
(Sharecast News) - Network Rail has tabled a revised offer to try and unblock a pay deal with unions and put an end to seven months of strikes.
Read moreTrainline appoints Peter Wood as new CFO
16th Dec 2022 12:52
(Sharecast News) - Trainline said on Friday that it has appointed Peter Wood as chief financial officer with immediate effect.
Read moreTrainline earnings surge on passenger demand rebound
3rd Nov 2022 07:48
(Sharecast News) - Online ticket-selling platform Trainline on Thursday reported a sharp rise in interim earnings as rail travel recovered from the Covid-19 pandemic, driven by visitors from the US cashing in on the stronger dollar.
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