Trainline PLC 16.0% potential upside indicated by Berenberg Bank

Trainline PLC with ticker (LON:TRN) now has a potential upside of 16.0% according to Berenberg Bank.



Berenberg Bank set a target price of 340 GBX for the company, which when compared to the Trainline PLC share price of 293 GBX at opening today (22/11/2023) indicates a potential upside of 16.0%. Trading has ranged between 216 (52 week low) and 347 (52 week high) with an average of 880,482 shares exchanging hands daily. The market capitalisation at the time of writing is £1,393,562,802.

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.