Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Svb Financial Group (NASDAQ:SIVB) and ARMOUR Residential REIT Inc (NYSE:ARR).
Svb Financial Group (SIVB)
In a report issued on July 27, Matthew Keating from Barclays maintained a Hold rating on Svb Financial Group, with a price target of $340. The company’s shares closed on Friday at $317.32, close to its 52-week high of $333.74.
According to TipRanks.com, Keating is a 4-star analyst with an average return of 6.2% and a 59.8% success rate. Keating covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Texas Capital Bancshares, and Commerce Bancshares Inc.
Svb Financial Group has an analyst consensus of Strong Buy, with a price target consensus of $356.85.
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ARMOUR Residential REIT Inc (ARR)
In a report issued on July 27, Mark Devries from Barclays maintained a Sell rating on ARMOUR Residential REIT Inc, with a price target of $21. The company’s shares closed on Friday at $23.52.
According to TipRanks.com, Devries is a 2-star analyst with an average return of 0.1% and a 57.7% success rate. Devries covers the Financial sector, focusing on stocks such as Santander Consumer USA, OneMain Holdings Inc, and PennyMac Financial.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for ARMOUR Residential REIT Inc with a $21 average price target.
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