Trainline says its app 'hard to replicate' as UK govt unveils plan for rival

20th May 2021 12:52

(Sharecast News) - Online ticket platform Trainline said government plans to introduce a rival web service as part of yet another overhaul of Britain's fragmented rail system would take "several years" to develop, adding that its own app is a "huge differentiator and hard to replicate".

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Trainline shares derailed as UK govt unveils plans for rival app

20th May 2021 08:42

(Sharecast News) - Trainline shares plunged by almost a third on Thursday after the UK government unveiled plans to set up a rival ticketing app.

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Friday broker round-up

7th May 2021 12:50

(Sharecast News) - Melrose: Numis upgrades to buy with a target price of 205p.

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Trainline losses widen on Covid impact but sees signs of recovery

6th May 2021 07:24

(Sharecast News) - Online ticket platform Trainline widened annual losses as passenger demand plunged during the Covid-19 pandemic, but said it was seeing the first signs of recovery as lockdowns ease and non-essential travel resumed.

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Trainline revenues derailed, but cash burn cut

11th Mar 2021 07:49

(Sharecast News) - Rail and coach ticket-selling platform Trainline reported a plunge in annual revenues as Covid lockdowns restricted travel, but said it had reduced monthly cash burn.

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Director dealings: Trainline CEO makes share sale

17th Feb 2021 16:11

(Sharecast News) - Trainline revealed on Wednesday that chief executive Clare Gilmartin had disposed of 84,158 ordinary shares in the FTSE 250-listed ticketing platform operator.

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Friday broker round-up

29th Jan 2021 13:21

(Sharecast News) - Trainline: Barclays downgrades to underweight with a target price of 360p.

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Barclays downgrades Trainline after late 2020 bounce

29th Jan 2021 09:06

(Sharecast News) - Barclays downgraded its stance on shares of Trainline on Friday to 'underweight' from 'equalweight' and trimmed the price target to 360p from 365p after a late bounce in 2020.

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Trainline raises £150m for extended Covid-19 downturn

7th Jan 2021 07:59

(Sharecast News) - Trainline is selling £150m of convertible bonds to shore up its finances against a potential extended Covid-19 downturn in ticket sales.

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Director dealings: Trainline CFO makes share sale

3rd Dec 2020 16:21

(Sharecast News) - Trainline revealed on Thursday that chief financial officer Shaun McCabe had offloaded 600,000 ordinary shares in the FTSE 250-listed operator of the online train booking platform.

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Thursday broker round-up

19th Nov 2020 13:38

(Sharecast News) - easyJet: Liberum upgrades to buy with a target price of 1,300p.

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Trainline posts H1 loss as Covid lockdowns hammer ticket sales

5th Nov 2020 08:17

(Sharecast News) - Online ticketing platform Trainline reported a first-half pre-tax loss as sales plunged during the coronavirus lockdown.

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Trainline CEO Gilmartin to step down

20th Oct 2020 08:11

(Sharecast News) - Shares in rail and coach booking platform Trainline fell more than 12% on Tuesday morning after the group revealed that chief executive Clare Gilmartin would be stepping down from both the role and its board at the end of February 2021.

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Monday broker round-up

19th Oct 2020 13:30

(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.

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Deutsche Bank initiates coverage of Trainline at 'buy'

19th Oct 2020 09:34

(Sharecast News) - Deutsche Bank initiated coverage of Trainline on Monday with a 'buy' rating and 414p price target.

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