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An update from Trainline ( (GB:TRN) ) is now available.
Trainline has executed a share buyback, purchasing 189,000 of its ordinary shares on the London Stock Exchange as part of a previously announced program. The purchased shares will be canceled, reducing the total number of shares in issue to 417,168,015. This move is in line with the authority granted by shareholders and complies with the Market Abuse Regulation, potentially impacting shareholder calculations regarding their interests in the company.
The most recent analyst rating on (GB:TRN) stock is a Hold with a £292.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.
Spark’s Take on GB:TRN Stock
According to Spark, TipRanks’ AI Analyst, GB:TRN is a Neutral.
Trainline’s strong financial performance is the primary driver of its stock score, supported by consistent revenue and profitability growth. However, the bearish technical indicators and moderate valuation suggest caution. The absence of a dividend yield and lack of earnings call data limit further insights.
To see Spark’s full report on GB:TRN stock, click here.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering a comprehensive service for booking and managing rail and coach journeys across Europe. It provides a seamless experience for millions of travelers worldwide through its website and mobile app, consolidating routes, fares, and journey times from various carriers.
Average Trading Volume: 862,953
Technical Sentiment Signal: Sell
Current Market Cap: £1.04B
Find detailed analytics on TRN stock on TipRanks’ Stock Analysis page.