SVB Financial Group (NASDAQ:SIVB) price target raised to $370.00 by Morgan Stanley

ME Staff
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Analyst Ratings For SVB Financial Group (NASDAQ:SIVB)

Today, Morgan Stanley raised its price target on SVB Financial Group (NASDAQ:SIVB) to $370.00 per share.

There are 14 Buy Ratings, 3 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on SVB Financial Group (NASDAQ:SIVB) is Buy with a consensus target price of $353.40 per share, a potential 15.69% upside.

Some recent analyst ratings include

  • 7/29/2018-Barclays Reiterated Rating of Hold.
  • 7/27/2018-Sandler O’Neill Reiterated Rating of Buy.
  • 7/27/2018-Piper Jaffray Companies Reiterated Rating of Buy.

Recent Insider Trading Activity For SVB Financial Group (NASDAQ:SIVB)
SVB Financial Group (NASDAQ:SIVB) has insider ownership of 0.74% and institutional ownership of 89.73%.

  • On 7/10/2018 John F Robinson, Director, sold 500 with an average share price of $304.25 per share and the total transaction amounting to $152,125.00.
  • On 5/30/2018 Kate Mitchell, Director, sold 737 with an average share price of $314.78 per share and the total transaction amounting to $231,992.86.
  • On 5/10/2018 Kamran F Husain, Insider, sold 1,500 with an average share price of $320.38 per share and the total transaction amounting to $480,570.00.
  • On 5/8/2018 Michael Descheneaux, Insider, sold 2,750 with an average share price of $309.05 per share and the total transaction amounting to $849,887.50.
  • On 5/1/2018 Philip C Cox, Insider, sold 1,028 with an average share price of $303.00 per share and the total transaction amounting to $311,484.00.
  • On 4/4/2018 Gregory W Becker, Insider, sold 3,028 with an average share price of $233.52 per share and the total transaction amounting to $707,098.56.
  • On 2/20/2018 Michelle Draper, Insider, sold 2,510 with an average share price of $248.95 per share and the total transaction amounting to $624,864.50.

About SVB Financial Group (NASDAQ:SIVB)
SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. Its 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 products and services comprising term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services, including wire transfer and automated clearing house payment, bill pay, debit card account analysis, and disbursement, as well as online and mobile banking services. This segment also provides various loan and credit facilities; foreign exchange services; export, import, and standby letter of credit; investment services and solutions; investment advisory service; vineyard development loans; and equity valuation services, as well as invests in debt funds. The company's SVB Private Bank segment offers private banking services, such as mortgages, home equity and capital call lines of credit, restricted stock purchase loans, and other secured and unsecured lending products. Its SVB Capital segment provides venture capital investment services that manage funds on behalf of third party limited partners. The company also offers asset and private wealth management, and private equity investment services. It operates through 29 offices in the United States; and offices in the United Kingdom, Hong Kong, China, Israel, and India. The company was founded in 1983 and is headquartered in Santa Clara, California.

Recent Trading Activity for SVB Financial Group (NASDAQ:SIVB)
Shares of SVB Financial Group closed the previous trading session at 307,50 up +5,90 1,96 % with 296501 shares trading hands.