On September 11, 2026, JP Morgan initiated coverage of Old National Bancorp – Preferred Stock (NASDAQGS: ONBPP) with an “Overweight” recommendation. Old National Bancorp, headquartered in Evansville, Indiana, is the largest financial services bank in the state, focusing on commercial and consumer loan services, wealth management, and deposit solutions. The bank is currently expanding its reach, notably into Minnesota.
As of the initiation date, the stock closed at $24.80, unchanged from September 10, 2026. It has experienced a slight decline of 0.44% over one week and 0.48% over the past month. The current consensus target mean for the stock is $29.08, suggesting a potential increase of 17.25%. Out of 15 total analyst recommendations, 66.7% are positive, indicating a favorable outlook.
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