Maxim (NASDAQ:MXIM) Group analyst Michael Diana maintained a Buy rating on Svb Financial Group (NASDAQ:SIVB) on Wednesday, setting a price target of $275, which is approximately 23.96% above the present share price of $221.84.
Diana expects Svb Financial Group to post earnings per share (EPS) of $2.56 for the second quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Svb Financial Group, with an average price target of $231.69.
The analysts price targets range from a high of $329 to a low of $140.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $807.15 million and a net profit of $0. The company's market cap is $11.43 billion.
According to TipRanks.com, Maxim Group analyst Michael Diana is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.2% and a 47.36% success rate.
SVB Financial Group is a financial, and bank holding company, which engages in the provision of banking, and financial products and services. It operates through the following segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. The Global Commercial Bank segment is comprised of results primarily from the commercial bank, private equity division, SVB wine, SVB analytics, and the debt fund investments. The SVB Private segment is the private banking division, which provides a range of personal financial solutions for consumers. The SVB Capital segment is the venture capital investment arm of SVB Financial Group, which focuses primarily on funds management. The company was founded in Robert Medearis and Bill Biggerstaff 1983 and is headquartered in Santa Clara, CA.