Analysts Set SVB Financial Group (OTCMKTS:SIVPQ) Target Price at $229.50

Shares of SVB Financial Group (OTCMKTS:SIVPQGet Free Report) have earned a consensus recommendation of “Hold” from the nine ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $229.50.

Separately, StockNews.com began coverage on SVB Financial Group in a research report on Saturday, December 16th. They set a “sell” rating for the company.

View Our Latest Research Report on SVB Financial Group

Institutional Investors Weigh In On SVB Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of SIVPQ. Geneos Wealth Management Inc. increased its stake in shares of SVB Financial Group by 100.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 72 shares of the bank’s stock valued at $40,000 after buying an additional 36 shares during the period. Axxcess Wealth Management LLC acquired a new stake in shares of SVB Financial Group in the 4th quarter valued at $212,000. Syntax Advisors LLC acquired a new stake in shares of SVB Financial Group during the fourth quarter worth $217,000. Ethic Inc. grew its stake in shares of SVB Financial Group by 29.6% during the first quarter. Ethic Inc. now owns 398 shares of the bank’s stock worth $223,000 after purchasing an additional 91 shares during the period. Finally, Apollon Wealth Management LLC acquired a new stake in shares of SVB Financial Group during the fourth quarter worth $235,000. 92.35% of the stock is owned by institutional investors and hedge funds.

SVB Financial Group Stock Performance

SIVPQ opened at $0.38 on Friday. The company has a market cap of $22.20 million, a PE ratio of 0.01, a price-to-earnings-growth ratio of 0.91 and a beta of 1.57. The stock has a 50-day moving average of $0.20 and a 200-day moving average of $0.14. SVB Financial Group has a 52-week low of $0.01 and a 52-week high of $1.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.48 and a current ratio of 0.48.

About SVB Financial Group

(Get Free Report

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. The Silicon Valley Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services.

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Analyst Recommendations for SVB Financial Group (OTCMKTS:SIVPQ)

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