SLM Corporation with ticker code (SLM) now have 12 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 25 and 16 calculating the average target price we see 20.04. Given that the stocks previous close was at 14.71 this is indicating there is a potential upside of 36.2%. There is a 50 day moving average of 15.55 while the 200 day moving average is 17.44. The market cap for the company is $3,570m. Company Website: https://www.salliemae.com
The potential market cap would be $4,863m 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, including 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.
