Trainline PLC 7.8% potential upside indicated by JP Morgan Cazenove

Trainline PLC with ticker (LON:TRN) now has a potential upside of 7.8% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 350 GBX for the company, which when compared to the Trainline PLC share price of 325 GBX at opening today (29/12/2023) indicates a potential upside of 7.8%. Trading has ranged between 216 (52 week low) and 350 (52 week high) with an average of 969,387 shares exchanging hands daily. The market capitalisation at the time of writing is £1,525,916,009.

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.