Old National Bancorp which can be found using ticker (ONB) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 19 and 15 calculating the mean target price we have $17.50. Now with the previous closing price of $13.62 this would imply there is now a potential upside of 28.5%. There is a 50 day moving average of $15.22 and the 200 moving average now moves to $17.08. The company has a market cap of $3,921m. Company Website: https://www.oldnational.com
The potential market cap would be $5,037m based on the market consensus.
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
The company has a dividend yield of 4.11% with the ex dividend date set at 28-2-2023 (DMY).
