Analysts Set SLM Corp (SLM) PT at $13.33
SLM Corp (NASDAQ:SLM) has earned a consensus rating of “Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $13.03.
Several analysts recently weighed in on the company. BidaskClub downgraded SLM from a “hold” rating to a “sell” rating in a research note on Friday, September 28th. Barclays restated a “buy” rating and issued a $13.00 price target on shares of SLM in a research note on Friday, December 14th. Wells Fargo & Co cut their price target on SLM from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 12th. Oppenheimer set a $13.00 price target on SLM and gave the stock a “buy” rating in a research note on Sunday, November 11th. Finally, ValuEngine downgraded SLM from a “hold” rating to a “sell” rating in a research note on Friday, September 28th.
Shares of NASDAQ:SLM traded up $0.08 during trading on Friday, hitting $9.11. The stock had a trading volume of 308,059 shares, compared to its average volume of 3,208,598. SLM has a 12 month low of $7.95 and a 12 month high of $12.46. The firm has a market capitalization of $3.99 billion, a P/E ratio of 12.83, a P/E/G ratio of 0.39 and a beta of 1.34. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.41 and a current ratio of 1.41.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of SLM during the 3rd quarter valued at $114,000. BB&T Corp bought a new position in shares of SLM during the 3rd quarter valued at $127,000. Jane Street Group LLC bought a new position in shares of SLM during the 3rd quarter valued at $146,000. BB&T Securities LLC bought a new position in shares of SLM during the 2nd quarter valued at $153,000. Finally, FDx Advisors Inc. bought a new position in shares of SLM during the 3rd quarter valued at $166,000.
SLM Company Profile
SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college company in the United States. The company originates and services private education loans to students and their families. Its loan portfolio also includes federal family education loan program, personal, and other loans.
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