Impact of Brokerage Rating on SLM Corporation(SLM)

Many SLM Corporation(SLM) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. SLM Corp was Initiated by Wedbush on Jan 31, 2017 to Outperform, Price Target of the shares are set at $13.SLM Corp was Initiated by Jefferies on Dec 7, 2016 to Buy, Price Target of the shares are set at $12.50.SLM Corp was Initiated by FBR & Co. on Dec 2, 2016 to Outperform, Price Target of the shares are set at $13.

Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Ronald F Hunt (director) purchased 1,000 shares at 49.98 per share price.On Nov 18, 2016, Laurent Charles Lutz (EVP, GC and Secretary) sold 21,097 shares at 9.40 per share price.On Nov 7, 2016, Earl A Goode (director) purchased 10,000 shares at 7.03 per share price.

SLM Corp Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.14. The company had revenue of $245.40 million for the quarter, compared to analysts expectations of $235.52 million. The companys revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

SLM Corporation (NASDAQ:SLM) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1 by 7 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys.

SLM Corporation (NASDAQ:SLM) should head towards $12.29 per share according to 7 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $9 per share. The higher price estimate target is at $14 according to the Analysts.

SLM Corporation (NASDAQ:SLM) rose 0.08% or 0.01 points on Tuesday and made its way into the gainers of the day. After trading began at $12.39 the stock was seen hitting $12.525 as a peak level and $12.29 as the lowest level. The stock ended up at $12.45. The daily volume was measured at 2,030,019 shares. The 52-week high of the share price is $12.6 and the 52-week low is $5.41. The company has a market cap of $5,340 million.

SLM Corporation is the one of nations largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services, processing capabilities and information technology to meet the needs of educational institutions, lenders, students and guarantee agencies.

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For any feedback and suggestions contact author at Lisa.Tynan@thefoundersdaily.com

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