Analyst Rating Update on Navient Corporation (NAVI)

Navient Corporation (NAVI) : 4 analysts are covering Navient Corporation (NAVI) and their average rating on the stock is 1.75, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Navient Corporation (NAVI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Navient Corporation (NAVI) : Currently there are 2 street experts covering Navient Corporation (NAVI) stock. The most bullish and bearish price target for the stock is $19 and $13 respectively for the short term. The average price target of all the analysts comes to $16. The estimated standard deviation from the target is $4.24.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Goldman Sachs downgrades the rating on Navient Corporation (NASDAQ:NAVI). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on July 21, 2016.


Navient Corporation (NASDAQ:NAVI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.54 and $13.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.83, notching a gain of 2.14% for the day. The total traded volume was 3,171,850 . The stock had closed at $13.54 on the previous day.

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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