Svb Financial Group (SIVB) Receives a Buy from Morgan Stanley

By Austin Angelo

In a report released today, Ken Zerbe from Morgan Stanley maintained a Buy rating on Svb Financial Group (SIVBResearch Report), with a price target of $215.00. The company’s shares closed last Monday at $130.98, close to its 52-week low of $127.39.

According to TipRanks.com, Zerbe is a 1-star analyst with an average return of -6.4% and a 45.9% success rate. Zerbe covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, People’s United Financial, and Valley National Bancorp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Svb Financial Group with a $266.56 average price target, implying a 100.9% upside from current levels. In a report issued on March 6, SunTrust Robinson also maintained a Buy rating on the stock with a $235.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $270.95 and a one-year low of $127.39. Currently, Svb Financial Group has an average volume of 570.6K.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

SVB Financial Group is a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Global Commercial Bank, SVB Private Bank, SVB Capital, SVB Leerink and Other Items.