Old National Bancorp – Consensus Indicates Potential 17.6% Upside

Broker Ratings
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Old National Bancorp found using ticker (ONB) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 19 with a mean TP of 20.67. Now with the previous closing price of 17.57 this now indicates there is a potential upside of 17.6%. The 50 day moving average now sits at 17.78 while the 200 day moving average is 17.17. The company has a market capitalisation of $5,269m. You can visit the company’s website by visiting: https://www.oldnational.com

The potential market cap would be $6,199m based on the market concensus.

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, 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, health savings, 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.

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