SLM Corporation with ticker code (SLM) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 21 calculating the mean target price we have 24.45. With the stocks previous close at 18.3 this would imply there is a potential upside of 33.6%. The 50 day moving average now sits at 18.98 while the 200 day moving average is 18.83. The company has a market capitalisation of $5,205m. Company Website: https://www.salliemae.com
The potential market cap would be $6,954m based on the market concensus.
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, luding certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
