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

Monday, November 29, 2021 11:53 AM | InvestorsObserver Analysts
Analyst Rating: Will Old National Bancorp (ONB) Stock Beat the Market?

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.

Overall Score - 3.4
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!

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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