Student Transportation Inc (NASDAQ:STB) (TSE:STB) had its target price decreased by stock analysts at BMO Capital Markets from $8.25 to $7.60 in a research note issued to investors on Friday. The brokerage presently has a “market perform” rating on the transportation company’s stock. BMO Capital Markets’ target price suggests a potential upside of 27.30% from the stock’s previous close.

A number of other analysts have also recently weighed in on the company. National Bank Financial upgraded Student Transportation from a “sector perform” rating to an “outperform” rating in a research report on Thursday. Zacks Investment Research cut Student Transportation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Finally, BidaskClub cut Student Transportation from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $6.84.

Student Transportation (NASDAQ:STB) opened at 5.97 on Friday. Student Transportation has a 12-month low of $5.39 and a 12-month high of $6.21. The firm has a market cap of $564.36 million, a P/E ratio of 85.29 and a beta of 0.75. The firm has a 50-day moving average of $5.91 and a 200-day moving average of $5.90.

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A number of institutional investors have recently bought and sold shares of STB. Raymond James Financial Services Advisors Inc. acquired a new position in Student Transportation in the second quarter worth $109,000. Wedbush Securities Inc. boosted its stake in Student Transportation by 40.3% in the second quarter. Wedbush Securities Inc. now owns 21,603 shares of the transportation company’s stock worth $131,000 after purchasing an additional 6,203 shares in the last quarter. Toronto Dominion Bank boosted its stake in Student Transportation by 56.8% in the second quarter. Toronto Dominion Bank now owns 22,246 shares of the transportation company’s stock worth $135,000 after purchasing an additional 8,057 shares in the last quarter. Vanguard Group Inc. boosted its stake in Student Transportation by 20.1% in the second quarter. Vanguard Group Inc. now owns 27,885 shares of the transportation company’s stock worth $186,000 after purchasing an additional 4,669 shares in the last quarter. Finally, Virtu KCG Holdings LLC acquired a new position in Student Transportation in the second quarter worth $215,000. 25.70% of the stock is currently owned by institutional investors.

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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