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BidaskClub downgraded CVB Financial Corp. (NASDAQ:CVBF) to Sell in a statement released earlier today.

BidaskClub has downgraded CVB Financial Corp. (NASDAQ:CVBF) to Sell in a report released on 6/21/2017.

Just yesterday CVB Financial Corp. (NASDAQ:CVBF) traded 1.43% higher at $21.59. CVB Financial Corp.’s 50-day moving average is $20.95 and its 200-day average is $21.63. With the last stock price close down -1.57% relative to the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. Volume of trade was up over the average, with 342,609 shares of CVBF changing hands over the typical 302,169

Recent Performance Chart

CVB Financial Corp. (NASDAQ:CVBF)

With a total market value of $0, CVB Financial Corp. has price-earnings ratio of 21.16 with a 52 week low of $16.32 and a 52 week high of $24.63 .

In addition to BidaskClub reporting its stock price target, a total of 5 analysts have released a report on CVB Financial Corp.. The 12-month price target is $17.60 with 0 firms rating the stock a strong buy, zero equity analysts rating the company a buy, six equity analysts rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.

About CVB Financial Corp. (NASDAQ:CVBF)

CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company's administrative and other smaller operating departments are combined into the Other segment. As of December 31, 2016, there were 42 Business Financial Centers and eight Commercial Banking Centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California. Its trust offices are located in Ontario, Newport Beach and Pasadena. These offices serve as sales offices for the Bank's wealth management, trust and investment products. It also offers specialized services designed for commercial customers. These services include cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, and payroll services.

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