News stories about Old National Bancorp (NASDAQ:ONB) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Old National Bancorp earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.7472779722971 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- How Does Old National Bancorp (NASDAQ:ONB) Fare As A Dividend Stock? (finance.yahoo.com)
- Old National Bancorp (ONB) Upgraded by BidaskClub to Hold (americanbankingnews.com)
- Old National Bancorp (ONB) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Old National Bancorp (ONB) Set to Announce Earnings on Tuesday (americanbankingnews.com)
Shares of Old National Bancorp (ONB) opened at $18.10 on Friday. The firm has a market capitalization of $2,490.00, a P/E ratio of 16.61 and a beta of 1.03. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.95. Old National Bancorp has a fifty-two week low of $15.38 and a fifty-two week high of $18.95.
Several research firms have issued reports on ONB. BidaskClub upgraded Old National Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. Zacks Investment Research cut Old National Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Boenning Scattergood set a $21.00 target price on Old National Bancorp and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, Piper Jaffray Companies began coverage on Old National Bancorp in a research report on Friday, October 6th. They set a “neutral” rating and a $19.00 target price on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $19.19.
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About Old National Bancorp
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. The Company focuses on community banking.
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