Student Transportation Inc. (TSE:STB) (NASDAQ:STB) hit a new 52-week high on Tuesday . The company traded as high as C$9.75 and last traded at C$9.73, with a volume of 470226 shares trading hands. The stock had previously closed at C$9.62.
A number of brokerages have weighed in on STB. BMO Capital Markets boosted their price objective on Student Transportation from C$7.60 to C$7.75 and gave the company a “market perform” rating in a research note on Wednesday, February 14th. Raymond James Financial cut Student Transportation from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 1st. Scotiabank cut Student Transportation from a “sector perform” rating to a “tender” rating and boosted their price objective for the company from C$8.00 to C$9.60 in a research note on Wednesday, February 28th. Finally, National Bank Financial cut Student Transportation from an “outperform” rating to a “tender” rating and boosted their price objective for the company from C$9.50 to C$9.58 in a research note on Wednesday, February 28th.
The firm has a market capitalization of $912.76, a P/E ratio of 31.39 and a beta of -0.10.
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Student Transportation Company Profile
Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.
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