Mentioned in this article
Wall Street is positive on SVB Financial Group (SIVB). On average, analysts give SIVB a Buy rating. The average price target is $319.65, which means analysts expect the stock to climb by 16.23{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the next twelve months.
That average ranking earns SIVB an Analyst Rating of 33, which is better than 33{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What’s Happening With SVB Financial Group Stock Today?
SVB Financial Group (SIVB) stock is down -2.83{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} while the S&P 500 has gained 0.57{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} as of 2:59 PM on Thursday, Mar 2. SIVB is lower by -$8.01 from the previous closing price of $283.03 on volume of 536,431 shares. Over the past year the S&P 500 is down -9.41{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} while SIVB is lower by -53.74{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. SIVB earned $25.35 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.85.
Click Here to get the full Stock Report for SVB Financial Group stock.
