In a report released today, Matthew Clark from Piper Sandler maintained a Buy rating on Cvb Financial (CVBF – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $14.98.
According to TipRanks, Clark is a 4-star analyst with an average return of 4.9% and a 48.17% success rate. Clark covers the Financial sector, focusing on stocks such as Cathay General Bancorp, Cvb Financial, and First Interstate Bancsystem.
Cvb Financial has an analyst consensus of Hold, with a price target consensus of $19.75.
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The company has a one-year high of $27.91 and a one-year low of $10.38. Currently, Cvb Financial has an average volume of 1.01M.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CVBF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cvb Financial (CVBF) Company Description:
CVB Financial Corp. is a bank holding company, which engages in the provision of traditional banking activities, including the acceptance of deposits and the lending and investing of money. The firm also offers trust and investment related services to customers. It operates through the Business Centers and Dairy and Livestock and Agribusiness. The Business Financial and Commercial Banking Centers segment consists of loans, deposits, and fee generating products and services that the bank offers to its clients and prospects. The company was founded by George Borba on April 27, 1981 and is headquartered in Ontario, CA.
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