Exane BNP Paribas initiated coverage of Trainline with an Underperform rating and 325 GBp price target. The UK passenger rail industry is undergoing a “generational shift” that will leave Trainline’s ecosystem position uncertain, the analyst tells investors in a research note.
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- Trainline price target raised to 450 GBp from 375 GBp at Berenberg
- Trainline price target raised to 359 GBp from 350 GBp at JPMorgan
- Trainline price target raised to 365 GBp from 355 GBp at Barclays
- Trainline downgraded to Neutral from Buy at UBS
- Trainline price target raised to 375 GBp from 340 GBp at Berenberg
