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CVB Financial Corp has a consensus price target of $20.33 based on the ratings of 7 analysts. The high is $23 issued by Piper Sandler on November 1, 2024. The low is $18 issued by Hovde Group on April 22, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Wedbush, and Keefe, Bruyette & Woods on November 1, 2024, October 24, 2024, and October 2, 2024, respectively. With an average price target of $21.67 between Piper Sandler, Wedbush, and Keefe, Bruyette & Woods, there's an implied -3.79% downside for CVB Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CVB Financial (NASDAQ:CVBF) was reported by Piper Sandler on November 1, 2024. The analyst firm set a price target for $23.00 expecting CVBF to rise to within 12 months (a possible 2.13% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for CVB Financial (NASDAQ:CVBF) was provided by Piper Sandler, and CVB Financial maintained their overweight rating.
The last upgrade for CVB Financial Corp happened on October 2, 2024 when Keefe, Bruyette & Woods raised their price target to $22. Keefe, Bruyette & Woods previously had a market perform for CVB Financial Corp.
The last downgrade for CVB Financial Corp happened on May 22, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for CVB Financial Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CVB Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CVB Financial was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest CVB Financial (CVBF) rating was a maintained with a price target of $25.00 to $23.00. The current price CVB Financial (CVBF) is trading at is $22.52, which is out of the analyst’s predicted range.
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