There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Svb Financial Group (SIVB) and Iberiabank (IBKC) with bullish sentiments.
Svb Financial Group (SIVB)
In a report released today, Tyler Stafford from Stephens assigned a Buy rating to Svb Financial Group, with a price target of $290. The company’s shares closed yesterday at $228.36.
According to TipRanks.com, Stafford is a 4-star analyst with an average return of 4.5% and a 52.1% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pinnacle Financial Partners.
Svb Financial Group has an analyst consensus of Strong Buy, with a price target consensus of $315.47, implying a 38.1% upside from current levels. In a report issued on January 10, Barclays also maintained a Buy rating on the stock with a $300 price target.
See today’s analyst top recommended stocks >>
Iberiabank (IBKC)
Stephens analyst Matt Olney maintained a Buy rating on Iberiabank today and set a price target of $85. The company’s shares closed yesterday at $72.34.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -1.6% and a 41.1% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
Iberiabank has an analyst consensus of Strong Buy, with a price target consensus of $88.
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