Morgan Stanley analyst Ed Young has maintained their bullish stance on TNLIF stock, giving a Buy rating on February 27.
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Ed Young’s rating is based on Trainline’s recent financial performance and strategic initiatives. Despite the company’s net ticket sales and group revenue being slightly below consensus, they still fall within the upgraded guidance range, and the adjusted EBITDA margin is slightly ahead. This suggests a stable financial outlook.
Additionally, Trainline’s total revenue growth of 12% across all divisions, although slightly below expectations, indicates a positive trend supported by digital ticket penetration and app growth. The announcement of a new £75 million buyback program further underscores confidence in the company’s future prospects. These factors combined contribute to Ed Young’s Buy rating for Trainline’s stock.
According to TipRanks, Young is a 4-star analyst with an average return of 11.4% and a 55.91% success rate.
In another report released on February 27, UBS also maintained a Buy rating on the stock with a p480.00 price target.