SVB Financial Group (SIVB) Set to Announce Quarterly Earnings on Thursday
SVB Financial Group (NASDAQ:SIVB) will release its earnings data on Thursday, January 23rd. Persons that wish to register for the company’s earnings conference call can do so using this link.
Shares of SVB Financial Group (NASDAQ:SIVB) opened at 106.09 on Wednesday. SVB Financial Group has a one year low of $60.50 and a one year high of $106.99. The stock’s 50-day moving average is $102.9 and its 200-day moving average is $93.35. The company has a market cap of $4.845 billion and a P/E ratio of 22.87.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of SVB Financial Group in a research note to investors on Wednesday, January 15th. They now have a $108.00 price target on the stock. On a related note, analysts at Jefferies Group raised their price target on shares of SVB Financial Group from $85.00 to $93.00 in a research note to investors on Tuesday, October 29th. They now have a “hold” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of SVB Financial Group from $100.00 to $110.00 in a research note to investors on Monday, October 28th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. SVB Financial Group currently has an average rating of “Hold” and an average target price of $96.33.
SVB Financial Group (NASDAQ:SIVB) is a diversified financial services company, as well as a bank holding company and financial holding company.
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