Research Analysts’ Recent Ratings Updates for SVB Financial Group (SIVB)

SVB Financial Group (NASDAQ: SIVB) has recently received a number of price target changes and ratings updates:

  • 1/31/2018 – SVB Financial Group had its price target raised by analysts at Morgan Stanley from $275.00 to $280.00. They now have an “overweight” rating on the stock.
  • 1/31/2018 – SVB Financial Group was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/28/2018 – SVB Financial Group had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $273.00 price target on the stock.
  • 1/26/2018 – SVB Financial Group had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.
  • 1/26/2018 – SVB Financial Group had its “buy” rating reaffirmed by analysts at Stephens.
  • 1/26/2018 – SVB Financial Group was downgraded by analysts at FIG Partners from an “outperform” rating to a “market perform” rating.
  • 1/26/2018 – SVB Financial Group had its price target raised by analysts at SunTrust Banks, Inc. to $300.00. They now have a “buy” rating on the stock.
  • 1/10/2018 – SVB Financial Group had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $300.00 price target on the stock, up previously from $250.00.
  • 1/9/2018 – SVB Financial Group had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $280.00 price target on the stock, up previously from $240.00.
  • 1/3/2018 – SVB Financial Group had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $280.00 price target on the stock.
  • 1/2/2018 – SVB Financial Group had its price target raised by analysts at Barclays PLC from $217.00 to $251.00. They now have an “equal weight” rating on the stock.
  • 12/27/2017 – SVB Financial Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $271.00 price target on the stock. According to Zacks, “Shares of SVB Financial have significantly outperformed the industry over the past six months. The performance was supported by impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in all the trailing four quarters. The company remains well positioned to capitalize on future opportunities driven by sturdy capital position, an improved rate scenario, global expansion efforts and consistent growth in loans and deposits. Also, its focus on improving non-interest income is expected to support top-line growth. However, mounting operating expenses and domestic concentration will likely weigh on its performance in the near-term.”

Shares of SVB Financial Group (NASDAQ SIVB) traded up $11.57 during midday trading on Monday, reaching $238.65. 944,000 shares of the company’s stock were exchanged, compared to its average volume of 422,899. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.59. SVB Financial Group has a twelve month low of $159.44 and a twelve month high of $263.09. The company has a market capitalization of $12,609.12, a PE ratio of 25.91, a P/E/G ratio of 1.57 and a beta of 1.49.

SVB Financial Group (NASDAQ:SIVB) last issued its earnings results on Thursday, January 25th. The bank reported $2.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.60 by ($0.41). SVB Financial Group had a return on equity of 12.83% and a net margin of 24.25%. The firm had revenue of $545.97 million during the quarter, compared to the consensus estimate of $523.45 million. During the same quarter in the prior year, the business posted $1.89 EPS. sell-side analysts forecast that SVB Financial Group will post 13.85 earnings per share for the current year.

In related news, insider Christopher Edmonds-Waters sold 3,630 shares of SVB Financial Group stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $209.86, for a total value of $761,791.80. Following the sale, the insider now owns 5,918 shares in the company, valued at $1,241,951.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Eric Benhamou sold 2,000 shares of SVB Financial Group stock in a transaction on Friday, December 1st. The shares were sold at an average price of $226.01, for a total transaction of $452,020.00. The disclosure for this sale can be found here. Insiders sold 20,816 shares of company stock worth $4,819,541 in the last 90 days. Company insiders own 0.73% of the company’s stock.

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

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