London close: Stocks lower as government borrowing tops forecasts
22nd Jan 2025 15:02
(Sharecast News) - London stocks closed lower on Wednesday as investors reacted to higher-than-expected government borrowing figures for December.
Read moreTrainline welcomes government commitment to sector, shares slide
22nd Jan 2025 07:22
(Sharecast News) - Shares in Trainline were sliding on Wednesday morning, even after the UK government committed to a competitive private sector ticket retail market in the rail industry on Wednesday, as part of an update from the Department for Transport (DfT) regarding future online rail ticket retailing.
Read moreLondon close: Stocks mixed as Trump reenters the Oval Office
20th Jan 2025 15:40
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Read moreTrainline shares slide on reports of possible wider contactless rollout
20th Jan 2025 11:19
(Sharecast News) - Shares in Trainline were sliding on Monday, as it emerged that the UK government was planning to expand contactless pay-as-you-go travel across the country's railway network as part of the priorities for the new state-owned operator Great British Railways (GBR).
Read moreLondon close: Stocks close higher as investors look to Budget
28th Oct 2024 15:17
(Sharecast News) - London stocks had swung back into positive territory by the close on Monday, as investors prepared for a number of upcoming corporate earnings reports and the Autumn Budget.
Read moreShore Capital sees huge upside at Trainline after strong first half
28th Oct 2024 09:52
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Trainline after the bookings platform upgraded its full-year guidance on Monday, predicting significant upside for the stock from current levels.
Read moreTrainline ups growth targets after strong first half
28th Oct 2024 07:10
(Sharecast News) - Train and coach bookings platform Trainline has raised its full-year guidance for top-line growth and margin expansion following a strong first half.
Read moreLondon close: Stocks rise on US jobless claims, ECB rate cut
12th Sep 2024 16:25
(Sharecast News) - London's stock markets closed with gains on Thursday, as investors digested an increase in US jobless claims and an interest rate cut from the European Central Bank.
Read moreBerenberg hikes target price on Trainline
12th Sep 2024 09:57
(Sharecast News) - Analysts at Berenberg raised their target price on digital rail and coach ticketing platform Trainline from 460.0p to 475.0p on Thursday following the release of the group's H1 trading update earlier in the morning.
Read moreTrainline lifts full-year outlook after strong first half
12th Sep 2024 07:34
(Sharecast News) - Trainline lifted its full-year outlook on Thursday following a strong first half, which was ahead of its expectations.
Read moreCanaccord lifts Trainline target price, talks down nationalisation concerns
30th May 2024 10:15
(Sharecast News) - Canaccord Genuity has hiked its target price for booking platform Trainline from 428p to 455p and kept a 'buy' rating, quashing concerns around rail nationalisation speculation that has been weighing on the shares for some time.
Read moreDeutsche Bank starts coverage of Trainline at 'buy'
20th May 2024 09:12
(Sharecast News) - Deutsche Bank initiated coverage of Trainline on Monday with a 'buy' rating and 470p price target.
Read moreLondon close: Stocks rise as US payrolls come in weaker
3rd May 2024 16:52
(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Read moreTrainline says Labour has no plans to revive UK ticket app, website
3rd May 2024 08:21
(Sharecast News) - Britain's opposition Labour Party has no plans to revive government plans to introduce a national rail ticket website and app if it wins the next General Election, online platform Trainline said on Friday.
Read moreTrainline profits surge on competition in Italy Spain
3rd May 2024 07:03
(Sharecast News) - Shares in online rail ticket platform Trainline surged on Friday as it reported better-than-expected revenue along with a sharp jump in annual sales and profits, driven by competition for passengers in Spain and Italy.
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