On July 14, 2025, MVB Financial (MVBF, Financial) received an upgrade from Hovde Group. The investment firm, with analyst Brett Rabatin, changed its rating for MVBF from "Market Perform" to "Outperform."
Alongside the upgraded rating, Hovde Group raised its price target for MVB Financial (MVBF, Financial) from $21.50 to $28.00. This adjustment represents a 30.23% increase in the price target, illustrating a more optimistic outlook for the company.
All details, including the price target adjustments, are denominated in USD and based on the analyses conducted by Hovde Group as of the date of the announcement.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for MVB Financial Corp (MVBF, Financial) is $21.50 with a high estimate of $23.00 and a low estimate of $20.00. The average target implies an downside of 9.51% from the current price of $23.76. More detailed estimate data can be found on the MVB Financial Corp (MVBF) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, MVB Financial Corp's (MVBF, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MVB Financial Corp (MVBF, Financial) in one year is $22.34, suggesting a downside of 5.98% from the current price of $23.76. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MVB Financial Corp (MVBF) Summary page.