In a report released yesterday, Terry McEvoy from Stephens maintained a Buy rating on Old National Bancorp Capital (ONB), with a price target of $20. The company’s shares closed yesterday at $15.77, close to its 52-week low of $15.68.
According to TipRanks.com, McEvoy is a 4-star analyst with an average return of 5.2% and a 54.9% success rate. McEvoy covers the Financial sector, focusing on stocks such as Chemical Financial Corp, First Financial Bancorp, and Wintrust Financial Corp.
Currently, the analyst consensus on Old National Bancorp Capital is a Moderate Buy with an average price target of $19.25.
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The company has a one-year high of $20.95 and a one-year low of $15.68. Currently, Old National Bancorp Capital has an average volume of 852.3K.
Based on the recent corporate insider activity of 125 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ONB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Old National Bancorp is financial holding company, which engages in the provision of financial and banking solutions. It operates through the Banking and Insurance business segments.
