CVB Financial Corporation (CVBF) Receives Price Target

CVB Financial Corporation (CVBF) : Average target price received by CVB Financial Corporation (CVBF) is $17.2 with an expected standard deviation of $0.57. The most aggressive target on the stock is $18, whereas the most downbeat target is $17. 5 financial analysts are currently covering the stock.

CVB Financial Corporation (CVBF) : 6 analysts are covering CVB Financial Corporation (CVBF) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


CVB Financial Corporation (NASDAQ:CVBF): The stock opened at $17.81 on Thursday but the bulls could not build on the opening and the stock topped out at $17.88 for the day. The stock traded down to $17.54 during the day, due to lack of any buying support eventually closed down at $17.64 with a loss of -0.84% for the day. The stock had closed at $17.79 on the previous day. The total traded volume was 324,517 shares.

CVB Financial Corp. is a bank holding company. The Company serves as a holding company for Citizens Business Bank (the Bank). The Bank operates through segments: Business Financial and Commercial Banking Centers (Centers) and Treasury. These Centers are the focal points for customer sales and services. All administrative and other smaller operating departments are combined into the Other segment. The Treasury Departments primary focus is managing the Banks investments, liquidity and interest rate risk. The Companys remaining operating segments, which include construction lending, dairy and livestock, and agribusiness lending, leasing, CitizensTrust and centralized functions, form part of the Other segment. As of December 31, 2014, the Company had $7.38 billion in total consolidated assets, $3.76 billion in net loans, $5.6 billion in deposits, $563.6 million in customer repurchase agreements and $199.5 million in Federal Home Loan Bank advances.

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