In a report issued on July 26, Jason Goldberg from Barclays maintained a Buy rating on Svb Financial Group (SIVB), with a price target of $300. The company’s shares closed on Friday at $233.79.
According to TipRanks.com, Goldberg is a 4-star analyst with an average return of 6.0% and a 62.5% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Goldman Sachs Group Inc, and State Street Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Svb Financial Group with a $266 average price target, a 13.8% upside from current levels. In a report issued on July 26, Stephens also assigned a Buy rating to the stock with a $250 price target.
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The company has a one-year high of $332.90 and a one-year low of $177.70. Currently, Svb Financial Group has an average volume of 508.2K.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SIVB in relation to earlier this year.
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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 segments: Global Commercial Bank, SVB Private Bank, and SVB Capital.
