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The latest announcement is out from Trainline ( (GB:TRN) ).
Trainline plc has executed a share buyback, purchasing 183,000 ordinary shares on the London Stock Exchange as part of its ongoing share purchase programme. This move reduces the total number of shares in issue to 417,727,256, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.
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, providing a comprehensive service for booking and managing rail and coach journeys across Europe. It offers a seamless experience through its website and mobile app, integrating millions of routes, fares, and journey times from various carriers.
Average Trading Volume: 846,040
Technical Sentiment Signal: Sell
Current Market Cap: £1.09B
Learn more about TRN stock on TipRanks’ Stock Analysis page.