Jefferies Maintains Hold And PT Of $12.5 On Old National Bancorp (ONB)

Comments
Loading...
Jefferies maintained its Hold rating on Old National Bancorp ONB in a research report published today. Jefferies also left its price target unchanged at $12.5. In the report, Jefferies states, "The company continues to make progress on strategic initiatives (executing the Monroe transaction and improving efficiency), but it will be difficult to improve returns meaningfully without an increase in commercial loan growth. We are maintaining our $12 price target and Hold rating." On Monday, Old National closed at $10.57.
Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!