RBC Capital analyst Jon Arfstrom maintained a Buy rating on Svb Financial Group (NASDAQ:SIVB) on Monday, setting a price target of $637, which is approximately 10.05% above the present share price of $578.85.
Arfstrom expects Svb Financial Group to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 16 TipRanks analysts is for a Moderate Buy rating of shares in Svb Financial Group, with an average price target of $608.23.
The analysts price targets range from a high of $700 to a low of $457.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.38 billion and a net profit of $0. The company's market cap is $31.44 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 30.1% and a 66.53% 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.