After SunTrust Robinson and JMP Securities gave Svb Financial Group (NASDAQ: SIVB) a Buy rating last month, the company received another Buy, this time from Stephens. Analyst Tyler Stafford assigned a Buy rating to Svb Financial Group today and set a price target of $310. The company’s shares opened today at $253.61.
According to TipRanks.com, Stafford is a 4-star analyst with an average return of 7.3% and a 54.7% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.
Svb Financial Group has an analyst consensus of Strong Buy, with a price target consensus of $325.62, implying a 28.4% upside from current levels. In a report issued on November 28, Barclays also upgraded the stock to Buy with a $330 price target.
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Svb Financial Group’s market cap is currently $13.63B and has a P/E ratio of 16.69. The company has a Price to Book ratio of 2.77.
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SVB Financial Group is a financial, and bank holding company, which engages in the provision of banking, and financial products and services. It operates through the following segment: Global Commercial Bank, SVB Private Bank, and SVB Capital.
