Piper Sandler Keeps Their Buy Rating on Old National Bancorp Capital (ONB)

Piper Sandler analyst Scott Siefers maintained a Buy rating on Old National Bancorp Capital (ONB – Research Report) today and set a price target of $20.00. The company’s shares closed yesterday at $16.47.

According to TipRanks, Siefers is a 4-star analyst with an average return of 8.8% and a 57.75% success rate. Siefers covers the Financial sector, focusing on stocks such as Huntington Bancshares, Citigroup, and Comerica.

In addition to Piper Sandler, Old National Bancorp Capital also received a Buy from KBW’s Christopher Mcgratty in a report issued today. However, yesterday, RBC Capital maintained a Hold rating on Old National Bancorp Capital (NASDAQ: ONB).

ONB market cap is currently $5.22B and has a P/E ratio of 8.49.

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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.