Wedbush analyst Peter Winter maintained a Buy rating on SLM (SLM – Research Report) today and set a price target of $20.00. The company’s shares closed last Friday at $15.60, close to its 52-week low of $14.60.
According to TipRanks.com, Winter is a 3-star analyst with an average return of 1.6% and a 39.6% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SLM with a $19.79 average price target, representing a 27.6% upside. In a report issued on July 28, RBC Capital also maintained a Buy rating on the stock with a $20.00 price target.
The company has a one-year high of $20.88 and a one-year low of $14.60. Currently, SLM has an average volume of 2.82M.
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SLM Corp. engages in the origination, servicing, and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.
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