RBC Capital analyst Jon Arfstrom maintained a Buy rating on Svb Financial Group (NASDAQ:SIVB) on Tuesday, setting a price target of $560, which is approximately 14.89% above the present share price of $487.42.
Arfstrom expects Svb Financial Group to post earnings per share (EPS) of $7.49 for the first quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Svb Financial Group, with an average price target of $521.85.
The analysts price targets range from a high of $605 to a low of $400.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.19 billion and a net profit of $0. The company's market cap is $25.33 billion.
According to TipRanks.com, RBC Capital analyst Jon Arfstrom is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.8% and a 66.24% success rate.
California-based SVB Financial Group is a diversified financial services company, which provides various banking and financial products and services. The company operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Leerink.