StockNews.com Initiates Coverage on SVB Financial Group (NASDAQ:SIVB)

Research analysts at StockNews.com initiated coverage on shares of SVB Financial Group (NASDAQ:SIVBGet Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the stock.

SVB Financial Group Price Performance

Shares of NASDAQ SIVB opened at $39.40 on Friday. The company has a market cap of $2.33 billion, a PE ratio of 1.55 and a beta of 1.57. SVB Financial Group has a 1 year low of $39.40 and a 1 year high of $597.16.

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