Brokerage Firm Rating Update on SVB Financial Group (SIVB)

SVB Financial Group (SIVB) : Zacks Investment Research ranks SVB Financial Group (SIVB) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.46, which indicates as a Strong Buy.

SVB Financial Group (SIVB) : The most positive equity analysts on SVB Financial Group (SIVB) expects the shares to touch $150, whereas, the least positive believes that the stock will trade at $112 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $126.58 with an expected fluctuation of $10.35 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Morgan Stanley maintains its rating on SVB Financial Group (NASDAQ:SIVB). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Morgan Stanley lowers the price target from $136 per share to $134 per share. The rating by the firm was issued on August 1, 2016.

SVB Financial Group (NASDAQ:SIVB): The stock opened at $107.11 and touched an intraday high of $108.21 on Wednesday. During the day, the stock corrected to an intraday low of $106.745, however, the bulls stepped in and pushed the price higher to close in the green at $108.19 with a gain of 0.82% for the day. The total traded volume for the day was 376,876. The stock had closed at $107.31 in the previous trading session.

SVB Financial Group (SVB Financial) is a diversified financial services, bank holding and financial holding company. The Company operates through three segments: Global Commercial Bank, SVB Private Bank and SVB Capital. The Company, through its subsidiaries and divisions, offers a range of banking and financial products and services to clients across the United States, as well as in key international entrepreneurial markets. The Company offers services in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. The Company offers commercial and private banking products and services through its principal subsidiary, Silicon Valley Bank (the Bank), which is a California state-chartered bank. The Bank and its subsidiaries, also offer asset management, private wealth management, brokerage and other investment services. SVB Private Bank provides personal financial solutions. SVB Capital focuses primarily on funds management.

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