SLM Corp. Reaches New 12-Month High at $26.86 (SLM)
SLM Corp. (NYSE:SLM)’s share price reached a new 52-week high during trading hours on Friday, American Banking News.com reports. The company traded as high as $26.86 and last traded at $26.80, with a volume of 1,999,972 shares traded. The stock had previously closed at $26.63.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of SLM Corp. in a research note to investors on Friday, December 20th. They now have a $27.00 price target on the stock. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $27.33.
SLM Corp. has a 52-week low of $16.57 and a 52-week high of $26.81. The stock’s 50-day moving average is $26.17 and its 200-day moving average is $25.04. The company has a market cap of $11.694 billion and a P/E ratio of 8.16.
SLM Corporation (NYSE:SLM) is a holding company.
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