Old National Bancorp (NASDAQ:ONB) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Having a price of $14.25, Old National Bancorp (NASDAQ:ONB) traded 0.65% higher on the day. With the last close up 5.83% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Old National Bancorp has recorded a 50-day average of $13.94 and a two hundred day average of $13.12. Volume of trade was up over the average, with 804,120 shares of ONB changing hands over the typical 742,728
Zacks Investment Research has downgraded Old National Bancorp (NASDAQ:ONB) to Hold in a statement released on 10/11/2016.
On 10/05/2016, Zacks Investment Research released a statement on Old National Bancorp (NASDAQ:ONB) upped the target price from $0.00 to $16.00 that suggested an upside of 0.15%.
With a total market value of $0, Old National Bancorp has price-earnings ratio of 12.07 with a one year low of $10.69 and a one year high of $15.00 .
A total of 9 analysts have released a report on Old National Bancorp. One analyst rating the company a strong buy, zero analysts rating the company a buy, nine analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $12.72.
More About Old National Bancorp (NASDAQ: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 personal insurance.
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