Navient Corporation (NAVI) : Analyst Rating Update

Navient Corporation (NAVI) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Navient Corporation (NAVI) : The consensus price target for Navient Corporation (NAVI) is $16 for the short term with a standard deviation of $4.24. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $19, however, the pessimist price target for the company is $13.

Navient Corporation (NASDAQ:NAVI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.71 and $11.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.81, notching a gain of 0.17% for the day. The total traded volume was 2,412,984 . The stock had closed at $11.79 on the previous day.

The company shares have dropped -36.51% from its 1 Year high price. On Jul 9, 2015, the shares registered one year high at $18.92 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $12.62 and the 200 Day Moving Average price is recorded at $11.60.

Navient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans, Private Education Loans and Business Services. The Company services its own portfolio of education loans, as well as those owned by banks, credit unions, non-profit education lenders and ED. It also provides asset recovery services on its own portfolio, guaranty agencies, higher education institutions, ED and other federal clients, as well as states, courts and municipalities.

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