How Positive is Barclays on Svb Financial Group (NASDAQ:SIVB) Following Today’s Upgrade? The Target Price is $330.0000

SVB Financial Group (NASDAQ:SIVB) Logo

Investors sentiment decreased to 1.06 in 2018 Q2. Its down 0.30, from 1.36 in 2018Q1. It worsened, as 19 investors sold SVB Financial Group shares while 195 reduced holdings. 93 funds opened positions while 134 raised stakes. 45.54 million shares or 1.69% less from 46.32 million shares in 2018Q1 were reported.

M&T Natl Bank holds 3,268 shares. 1832 Asset Mngmt Ltd Partnership reported 0.19% in SVB Financial Group (NASDAQ:SIVB). Prudential Fincl has 0.03% invested in SVB Financial Group (NASDAQ:SIVB) for 66,199 shares. Poplar Forest Capital Ltd reported 16,936 shares. Earnest Prns Ltd Liability Com reported 21 shares stake. Hartford Mgmt has 7,288 shares. Clearbridge Invs Ltd Liability Corp stated it has 357,836 shares. Btim Corp has 23,696 shares for 0.1% of their portfolio. 7,000 were accumulated by Bp Public Limited Company. Highbridge Mgmt Ltd Liability accumulated 3,505 shares or 0.02% of the stock. 13,064 are owned by New Amsterdam Ptnrs Ny. Ubs Asset Management Americas reported 0% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Ranger Inv Mngmt Lp, a Texas-based fund reported 955 shares. Plante Moran Finance Advsr reported 100 shares. Park Natl Oh accumulated 2,340 shares.

Since July 10, 2018, it had 0 insider purchases, and 3 insider sales for $733,683 activity. $419,523 worth of stock was sold by Descheneaux Michael on Thursday, November 1.

Svb Financial Group (NASDAQ:SIVB) Stock Upgrade

In an analyst note revealed on 28 November, Barclays raised the shares of Svb Financial Group (NASDAQ:SIVB) to a respectable Buy rating. They currently have a $330.0000 target price per share on the stock. This target price per share would suggest a possible upside of 29.51 % from the stock close price of Svb Financial Group (NASDAQ:SIVB) shares.

SVB Financial Group (NASDAQ:SIVB) Ratings Coverage

Among 11 analysts covering SVB Financial (NASDAQ:SIVB), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. SVB Financial has $390 highest and $270 lowest target. $349.36’s average target is 37.11% above currents $254.81 stock price. SVB Financial had 15 analyst reports since June 11, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 26 by Bank of America. The rating was maintained by Wedbush on Friday, July 27 with “Neutral”. JMP Securities maintained it with “Market Outperform” rating and $385 target in Friday, July 27 report. Barclays Capital maintained the shares of SIVB in report on Wednesday, October 3 with “Equal-Weight” rating. The firm has “Overweight” rating given on Tuesday, July 31 by Morgan Stanley. Barclays Capital upgraded the shares of SIVB in report on Wednesday, November 28 to “Overweight” rating. Raymond James maintained it with “Strong Buy” rating and $333 target in Friday, October 26 report. As per Friday, July 27, the company rating was maintained by JP Morgan. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Buy” rating by DA Davidson on Friday, October 26. The stock of SVB Financial Group (NASDAQ:SIVB) has “Buy” rating given on Monday, October 29 by SunTrust.

The stock increased 4.55% or $11.09 during the last trading session, reaching $254.81. About 1.09 million shares traded or 73.33% up from the average. SVB Financial Group (NASDAQ:SIVB) has risen 85.36% since December 2, 2017 and is uptrending. It has outperformed by 69.74% the S&P500.

SVB Financial Group, a diversified financial services company, provides various banking and financial services and products. The company has market cap of $13.57 billion. The Company’s Global Commercial Bank segment offers deposit products, such as business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts, as well as merchant, remote capture, lockbox, electronic deposit capture, and fraud control services; credit services and products comprising term loans, equipment loans, asset loans, revolving lines of credit, accounts-receivable lines of credit, capital call lines of credit, and credit cards; and payment and cash management services and products, including wire transfer and automated clearing house payment, bill pay, debit cards account analysis, and disbursement, as well as online and mobile banking services. It has a 16.6 P/E ratio. This segment also provides various loan and credit facilities; foreign exchange services; export, import, and standby letters of credit; investment services and solutions; investment advisory services; third party money market mutual funds and fixed-income securities; vineyard development loans and community development loans to clients in the wine industry; and equity valuation services to companies and venture capital/private equity firms, as well as invests in debt funds.

More notable recent SVB Financial Group (NASDAQ:SIVB) news were published by: Zacks.com which released: “SVB Financial (SIVB) Q1 Earnings Beat Estimates, Expenses Up – Zacks.com” on April 27, 2018, also Nasdaq.com with their article: “Is SVB Financial Group (SIVB) Outperforming Other Finance Stocks This Year? – Nasdaq” published on September 05, 2018, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: GoldCorp, Gilead, GrubHub, Hilton Worldwide, KKR, Raymond James, Western Digital and More – 24/7 Wall St.” on October 26, 2018. More interesting news about SVB Financial Group (NASDAQ:SIVB) were released by: Investorplace.com and their article: “10 Boring Stocks Growing Like Weeds – Investorplace.com” published on September 14, 2018 as well as Nasdaq.com‘s news article titled: “SVB Financial Group Reaches Analyst Target Price – Nasdaq” with publication date: April 30, 2018.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

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