JP Morgan Cazenove Maintains Neutral Rating on Trainline (TNLIF)

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Nov 16 2025

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Source: NASDAQ.COM

JP Morgan Cazenove's Recommendation: On November 14, 2025, JP Morgan Cazenove maintained a Neutral rating for Trainline (OTCPK:TNLIF).
Fund Sentiment Overview: There are currently 67 funds reporting positions in Trainline, reflecting a decrease of 1 fund (1.47%) from the previous quarter, with total institutional shares down by 2.73% to 73,518K shares.
Shareholder Activity: Major shareholders like Invesco Oppenheimer and SmallCap World Fund have reduced their holdings in Trainline, with decreases in portfolio allocations ranging from 2.40% to 37.21% over the last quarter.
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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.