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Hovde Group disclosed Old National Bancorp (NYSE:ONB), hiking its stock price target to $14.00 earlier today

Yesterday Old National Bancorp (NYSE:ONB) traded 0.65% lower at $13.15. The company’s 50-day average is $13.72 and its 200-day average is $12.81. The last close is up 6.67% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same time period. 2,162,582 shares of the stock were exchanged, up from ann avg. trading volume of 794,512.

Hovde Group bumped the estimated target of Old National Bancorp (NYSE:ONB) to $14, stating a possible upside of 0.06%,

Recent Performance Graphic:

Old National Bancorp (NYSE:ONB)

In addition to Hovde Group reporting it’s stock price target, a total of 9 analysts have issued a report on Old National Bancorp. The one year target is $12.72 with one firm rating the company a strong buy, 0 rating the company a buy, nine analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analysts rating the stock as sell.

Old National Bancorp has a 52 week low of $10.69 and a one-year high of $15.00 with a PE ratio of 12. The company’s total market value is currently $0.0.

General Information About Old National Bancorp (NYSE:ONB)

Old National Bancorp is a financial holding company. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory, and other traditional banking services. Through its non-bank affiliates, the Company provides full service insurance brokerage services and other financial services. The Company operates in two segments: banking and insurance. The Company’s banking segment operates through its subsidiary, Old National Bank. Old National Bank operates approximately 160 banking financial centers located in Indiana, Kentucky and Michigan. The Company’s insurance segment offers full-service insurance brokerage services, including commercial property and casualty, surety, loss control services, employee benefits consulting and administration, and and personal insurance.

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