What Will Happen to Student Transportation Inc. Next? The Stock Just Raised A Lot

 What Will Happen to Student Transportation Inc. Next? The Stock Just Raised A Lot

The stock of Student Transportation Inc. (TSE:STB) is a huge mover today! About 92,391 shares traded hands. Student Transportation Inc. (TSE:STB) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 8 months positive chart setup for the $693.89M company. It was reported on Nov, 16 by Barchart.com. We have $9.17 PT which if reached, will make TSE:STB worth $145.72M more.

Student Transportation Inc. (TSE:STB) Ratings Coverage

Out of 3 analysts covering Student Transportation Inc. (TSE:STB), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $7.75 is the highest target while $6.50 is the lowest. The $7.58 average target is 0.00% above today’s ($7.58) stock price. Student Transportation Inc. has been the topic of 6 analyst reports since September 16, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the stock with “Sector Perform” rating in Wednesday, September 16 report. On Friday, September 16 the stock rating was maintained by BMO Capital Markets with “Market Perform”.

More important recent Student Transportation Inc. (TSE:STB) news were published by: Globenewswire.com which released: “Student Transportation Inc. Resets Senior Credit Facility, “Calls” Convertible …” on July 27, 2016, also Prnewswire.com published article titled: “Synoptek Renews National Partnership with Student Transportation Inc. (STI)”, Globenewswire.com published: “Student Transportation Inc. Adds Iowa to Its Map with New Contract” on June 06, 2016. More interesting news about Student Transportation Inc. (TSE:STB) was released by: Marketwired.com and their article: “Student Transportation Inc. Closes C$85 Million Offering of Debentures” with publication date: August 16, 2016.

Student Transportation Inc. is engaged in providing school bus transportation services in North America. The company has a market cap of $693.89 million. The Firm operates through two divisions: transportation, and gas and oil. It currently has negative earnings. The transportation segment provides school bus and management services to public and private schools in North America.

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