Peel Hunt Thinks Trainline’s Stock is Going to Recover

Peel Hunt analyst Peel Hunt reiterated a Buy rating on Trainline (TNLIF) on July 21. The company’s shares closed last Thursday at $4.24, close to its 52-week low of $4.24.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trainline with a $5.69 average price target.

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Trainline PLC is an independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its website and mobile app. The company is a one-stop shop for rail and coach travel bringing together millions of routes, fares and journey times from 220 rail and coach carriers across 45 countries.

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