Market Overview

UPDATE: Stifel Nicolaus Initiates Buy, $7.30 PT on Student Transportation; School-Bus Outsourcing Accelerating

Related STB
Earnings Scheduled For September 14, 2017
15 Biggest Mid-Day Gainers For Thursday
HopSkipDrive Announces Strategic Investment and Wide-Ranging Partnership With Student ... (GuruFocus)

Stifel Nicolaus initiates its coverage on Student Transportation (NASDAQ: STB) with a Buy rating and a $7.30 price target.

Stifel Nicolaus notes, "We believe that Student Transportation is appropriate for those investors looking for a relatively low-beta, high income security with exposure to the transportation industry. Investors can earn a return through either the cash dividend or participating in the dividend reinvestment program in combination with share price appreciation, which we believe will be modest. As such, our 12-month target price of $7.30 provides 13.9% upside potential relative to last night's closing price."

STB closed at $6.41 on Monday.

Latest Ratings for STB

Sep 2017BMO CapitalMaintainsMarket Perform
Jun 2017National Bank FinancialDowngradesSector Perform
Dec 2016Raymond JamesInitiates Coverage OnOutperform

View More Analyst Ratings for STB
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Initiation Pre-Market Outlook Analyst Ratings


Related Articles (STB)

View Comments and Join the Discussion!

Partner Center