RBC Capital analyst Jon Arfstrom maintained a Hold rating on Old National Bancorp Capital (ONB – Research Report) on January 10 and set a price target of $18.00. The company’s shares closed yesterday at $16.59.
According to TipRanks, Arfstrom is a 5-star analyst with an average return of 15.2% and a 56.57% success rate. Arfstrom covers the Financial sector, focusing on stocks such as First Horizon, Huntington Bancshares, and Synovus.
Currently, the analyst consensus on Old National Bancorp Capital is a Strong Buy with an average price target of $17.50.
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ONB market cap is currently $4.96B and has a P/E ratio of 7.81.
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Old National Bancorp Capital (ONB) Company Description:
Old National Bancorp is financial holding company, which engages in the provision of financial and banking solutions. The Community Banking segment provides a range of services products and services as commercial, real estate and consumer loans, time deposits, checking and savings accounts, cash management, brokerage, trust, and investment advisory services. The company was founded in 1982 and is headquartered in Evansville, IN.
Read More on ONB:
- Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2023 Earnings Release and Conference Call
- Old National Names Goldfeder Chief Credit Officer
- Citi starts regional banks with Western Alliance, First Horizon among top picks
- Old National Bancorp initiated with a Buy at Citi
- Old National Bancorp management to meet with Piper Sandler
