Scotiabank Raises Student Transportation Inc. (STB) Price Target to C$7.25
Student Transportation Inc. (TSE:STB) had its price objective hoisted by Scotiabank from C$6.75 to C$7.25 in a research report released on Friday. Scotiabank currently has a sector perform rating on the stock.
STB has been the topic of several other reports. National Bank Financial lifted their target price on Student Transportation from C$8.00 to C$8.50 in a report on Thursday, September 15th. BMO Capital Markets reaffirmed a market perform rating and set a C$7.75 target price on shares of Student Transportation in a report on Friday, September 16th.
Student Transportation (TSE:STB) opened at 7.92 on Friday. The company has a market capitalization of $727.87 million and a P/E ratio of 132.00. Student Transportation has a 12-month low of $4.28 and a 12-month high of $7.98. The company’s 50 day moving average price is $6.52 and its 200-day moving average price is $5.54.
The business also recently announced a monthly dividend, which will be paid on Monday, October 17th. Shareholders of record on Monday, October 17th will be issued a dividend of $0.0367 per share. This represents a $0.44 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend is Wednesday, September 28th.
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