Shares of Student Transportation Inc. (TSE:STB) (NASDAQ:STB) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$9.75 and last traded at C$9.73, with a volume of 470226 shares traded. The stock had previously closed at C$9.62.
Several equities analysts have weighed in on the company. Raymond James Financial lowered Student Transportation from an “outperform” rating to a “market perform” rating in a report on Thursday, March 1st. National Bank Financial lowered Student Transportation from an “outperform” rating to a “tender” rating and raised their target price for the company from C$9.50 to C$9.58 in a report on Wednesday, February 28th. Scotiabank lowered Student Transportation from a “sector perform” rating to a “tender” rating and raised their target price for the company from C$8.00 to C$9.60 in a report on Wednesday, February 28th. Finally, BMO Capital Markets raised their target price on Student Transportation from C$7.60 to C$7.75 and gave the company a “market perform” rating in a report on Wednesday, February 14th.
The company has a market cap of $924.15, a price-to-earnings ratio of 31.42 and a beta of -0.10.
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About Student Transportation
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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