Westar Energy (WR) Stock Rating Reaffirmed by JP Morgan; The $58 Target Indicates 11.09% Potential; Last Week SVB Financial Group (SIVB) Analysts

October 12, 2017 - By Hazel Jackson

Among 14 analysts covering SVB Financial Group (NASDAQ:SIVB), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. SVB Financial Group had 36 analyst reports since July 29, 2015 according to SRatingsIntel. As per Monday, September 18, the company rating was maintained by Keefe Bruyette & Woods. RBC Capital Markets maintained it with “Outperform” rating and $146 target in Thursday, November 10 report. As per Friday, July 28, the company rating was maintained by Stephens. Piper Jaffray maintained SVB Financial Group (NASDAQ:SIVB) on Friday, September 29 with “Buy” rating. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Outperform” rating by Wood on Friday, May 27. The rating was maintained by Piper Jaffray with “Buy” on Monday, August 14. The firm earned “Buy” rating on Wednesday, June 7 by Stephens. Maxim Group maintained the stock with “Buy” rating in Monday, December 19 report. Jefferies maintained it with “Buy” rating and $21600 target in Friday, August 11 report. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 3 with “Buy”. See SVB Financial Group (NASDAQ:SIVB) latest ratings:

03/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $193.0 Maintain
29/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $212.0 Maintain
18/09/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $195.0 Maintain
07/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $205.0 Maintain
14/08/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $195.0 Maintain
14/08/2017 Broker: Piper Jaffray Rating: Buy New Target: $212.0000 Maintain
11/08/2017 Broker: Jefferies Rating: Buy New Target: $216.0000 Maintain
31/07/2017 Broker: Maxim Group Rating: Buy New Target: $220.0000 Maintain
28/07/2017 Broker: Stephens Rating: Buy New Target: $205.0000 Maintain
11/07/2017 Broker: Barclays Capital Rating: Hold New Target: $191.0000

Among 9 analysts covering Westar Energy (NYSE:WR), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Westar Energy has $60 highest and $39 lowest target. $50.14’s average target is -3.96% below currents $52.21 stock price. Westar Energy had 16 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, October 8 by UBS. Mizuho initiated the stock with “Buy” rating in Monday, March 14 report. Wells Fargo downgraded the shares of WR in report on Friday, February 26 to “Market Perform” rating. Evercore upgraded Westar Energy Inc (NYSE:WR) rating on Tuesday, July 11. Evercore has “Buy” rating and $5300 target. The stock has “Equalweight” rating by Barclays Capital on Thursday, June 2. Mizuho downgraded the stock to “Neutral” rating in Wednesday, June 1 report. The stock has “Neutral” rating by JP Morgan on Friday, March 11. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, July 11. Gabelli downgraded the stock to “Hold” rating in Wednesday, June 1 report. The stock of Westar Energy Inc (NYSE:WR) has “Neutral” rating given on Monday, January 25 by UBS.

Investors sentiment increased to 1.11 in 2017 Q2. Its up 0.01, from 1.1 in 2017Q1. It is positive, as 37 investors sold SVB Financial Group shares while 134 reduced holdings. 77 funds opened positions while 112 raised stakes. 47.61 million shares or 2.99% less from 49.08 million shares in 2017Q1 were reported. Credit Suisse Ag has 0.02% invested in SVB Financial Group (NASDAQ:SIVB). Ameritas Investment Prtnrs Inc holds 15,709 shares. Louisiana State Employees Retirement Systems reported 0.12% in SVB Financial Group (NASDAQ:SIVB). Jpmorgan Chase Com reported 2.13M shares. Weiss Multi has invested 0.32% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Polar Capital Llp holds 33,724 shares or 0.08% of its portfolio. One Mngmt Ltd Llc holds 2,000 shares or 0.1% of its portfolio. Ranger Inv Mgmt L P owns 7,290 shares. Emerald Advisers Pa reported 7,036 shares. Huntington Fincl Bank reported 18,465 shares. Gideon Advisors reported 0.25% in SVB Financial Group (NASDAQ:SIVB). Lpl Fincl Ltd Com accumulated 4,455 shares. Schwab Charles Mngmt Incorporated holds 182,516 shares or 0.03% of its portfolio. Rmb Cap Management Ltd Liability Com holds 37,347 shares. Independent Portfolio Consultants stated it has 0.06% of its portfolio in SVB Financial Group (NASDAQ:SIVB).

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The company has market cap of $9.94 billion. The Company’s divisions include Global Commercial Bank, SVB Private Bank and SVB Capital. It has a 22.92 P/E ratio. The Global Commercial Bank segment consists of the activities of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

Since May 15, 2017, it had 0 insider purchases, and 3 selling transactions for $3.24 million activity. Another trade for 8,790 shares valued at $1.60 million was sold by Wallace Bruce. 7,000 shares valued at $1.29 million were sold by Descheneaux Michael on Monday, May 15. $340,593 worth of stock was sold by BENHAMOU ERIC on Thursday, June 1.

About 1,877 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 74.61% since October 12, 2016 and is uptrending. It has outperformed by 57.91% the S&P500.

Westar Energy, Inc. is an electric utility. The company has market cap of $7.47 billion. The Firm provides electric generation, transmission and distribution services. It has a 21.92 P/E ratio. The Firm provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson.

About 6,603 shares traded. Westar Energy Inc (NYSE:WR) has declined 0.52% since October 12, 2016 and is downtrending. It has underperformed by 17.22% the S&P500.

Investors sentiment decreased to 0.67 in Q2 2017. Its down 0.54, from 1.21 in 2017Q1. It dived, as 49 investors sold Westar Energy Inc shares while 117 reduced holdings. 29 funds opened positions while 83 raised stakes. 99.73 million shares or 3.51% more from 96.34 million shares in 2017Q1 were reported. Tarbox Family Office holds 0% or 44 shares in its portfolio. The Illinois-based Ubs Asset Mngmt Americas has invested 0% in Westar Energy Inc (NYSE:WR). Balyasny Asset Ltd Liability has 524,526 shares. Nordea Invest Mngmt Ab stated it has 0% in Westar Energy Inc (NYSE:WR). Toronto Dominion Bank & Trust invested 0% in Westar Energy Inc (NYSE:WR). Dekabank Deutsche Girozentrale holds 8,643 shares or 0% of its portfolio. Tdam Usa Incorporated holds 0.03% of its portfolio in Westar Energy Inc (NYSE:WR) for 11,743 shares. James Investment Research Inc holds 0% or 1,300 shares. Wolverine Asset Mngmt Ltd Llc reported 3,500 shares stake. Litespeed Mgmt Ltd holds 1.36% or 39,100 shares in its portfolio. Renaissance Limited Company reported 2.31M shares. Gateway Inv Advisers Limited Liability owns 0.04% invested in Westar Energy Inc (NYSE:WR) for 84,129 shares. Caisse De Depot Et Placement Du Quebec invested 0.01% of its portfolio in Westar Energy Inc (NYSE:WR). Laurion Capital Management Limited Partnership reported 0% of its portfolio in Westar Energy Inc (NYSE:WR). Tyrus Capital Sam invested in 0.43% or 105,102 shares.

Analysts await Westar Energy Inc (NYSE:WR) to report earnings on November, 7. They expect $1.20 EPS, up 11.11% or $0.12 from last year’s $1.08 per share. WR’s profit will be $171.69M for 10.88 P/E if the $1.20 EPS becomes a reality. After $0.50 actual EPS reported by Westar Energy Inc for the previous quarter, Wall Street now forecasts 140.00% EPS growth.

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