Svb Financial Group (SIVB) Receives a Buy from KBW


KBW analyst Christopher Mcgratty reiterated a Buy rating on Svb Financial Group (SIVB) today and set a price target of $360. The company’s shares opened today at $240.15.

According to TipRanks.com, Mcgratty is a 5-star analyst with an average return of 11.3% and a 65.8% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Chemical Financial Corp, Columbia Banking System, and Commerce Bancshares Inc.

Svb Financial Group has an analyst consensus of Strong Buy, with a price target consensus of $322.33, representing a 34.2% upside. In a report issued on November 14, Maxim Group also reiterated a Buy rating on the stock with a $365 price target.

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The company has a one-year high of $333.74 and a one-year low of $211.91. Currently, Svb Financial Group has an average volume of 563.3K.

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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.

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