ONB Maintains Overweight Rating -- Price Target Lowered to $30

gurufocus.com · 2026-10-01

Old National Bancorp (ONB) Analyst Rating Update On October 03, 2023, JP Morgan maintained an Overweight rating for Old National Bancorp (ONB). However, the

TickrTrends take: ONB's analyst price target of $30 represents the benchmark against which its current market valuation should be assessed, particularly given TickrTrends' assessment of fair valuation in the Financial Services sector. The lowering of this target, while maintaining an overweight stance, suggests analysts continue to view the company favorably on a relative basis even as their absolute price expectations have moderated. Investors focused on valuation metrics should monitor whether ONB's current trading price remains aligned with this $30 target and whether the fair valuation designation shifts if the stock approaches or diverges from this level.

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