Old National Bancorp with ticker code (ONB) have now 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 19 and 15 with the average target price sitting at $18.14. Given that the stocks previous close was at $13.55 and the analysts are correct then we can expect a percentage increase in value of 33.9%. The 50 day moving average now sits at $16.07 and the 200 day moving average is $17.16. The market cap for the company is $4,047m. You can visit the company’s website by visiting: https://www.oldnational.com
The potential market cap would be $5,418m 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 4.13% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 9.04, revenue per share of 5.71 and a 1.2% return on assets.
