CVB Financial Corp (NASDAQ: CVBF) stock closed at $22.62 on 11/6/24 after a major increase of 17.1%. Moreover, trading volume in this advance was exceptionally high at 241% of normal. Relative to the market the stock has been strong over the last nine months and has risen 15.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CVBF is expected to continue to be a Value Builder.
CVB Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CVB Financial has a good Power Rating of 73 and a good Appreciation Score of 75, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment