Analyst Rating: Will Old National Bancorp (ONB) Stock Beat the Market?

Monday, November 29, 2021 11:53 AM | InvestorsObserver Analysts

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InvestorsObserver is giving Old National Bancorp (ONB) an Analyst Rating Rank of 14, meaning ONB is ranked higher by analysts than 14% of stocks. The average price target for ONB is $19.375 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating ONB a Buy today. Find out what this means to you and get the rest of the rankings on ONB!
See Full ONB Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Old National Bancorp Stock Today?

Old National Bancorp (ONB) stock is down -0.44% while the S&P 500 is up 1.19% as of 11:52 AM on Monday, Nov 29. ONB has fallen -$0.08 from the previous closing price of $18.32 on volume of 614,530 shares. Over the past year the S&P 500 is higher by 28.38% while ONB is up 15.22%. ONB earned $1.78 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.23. Click Here to get the full Stock Report for Old National Bancorp stock.

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