Old National Bancorp – Consensus Indicates Potential 23.4% 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 calculating the average target price we see 20.67. With the stocks previous close at 16.75 this would indicate that there is a potential upside of 23.4%. The day 50 moving average is 17.72 and the 200 day MA is 17.26. The market cap for the company is $4,693m. You can visit the company’s website by visiting: https://www.oldnational.com

The potential market cap would be $5,791m 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, 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.

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