Analysts Offer Insights on Financial Companies: Old National Bancorp Capital (NASDAQ: ONB) and Medley Capital Corp (NYSE: MCC)

By Ryan Adsit

Analysts fell to the sidelines weighing in on Old National Bancorp Capital (NASDAQ: ONB) and Medley Capital Corp (NYSE: MCC) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Old National Bancorp Capital (NASDAQ: ONB)

In a report released today, Melissa Roberts from KBW reiterated a Hold rating on Old National Bancorp Capital (NASDAQ: ONB), with a price target of $17. The company’s shares closed last Friday at $17.50.

According to TipRanks.com, Roberts is a 4-star analyst with an average return of 4.7% and a 66.2% success rate. Roberts covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Fidelity National Financial Ventures, and First Financial Corporation Indiana.

Currently, the analyst consensus on Old National Bancorp Capital is Hold and the average price target is $18, representing a 2.9% upside.

In a report issued on June 9, Jefferies also reiterated a Hold rating on the stock with a $18 price target.
Medley Capital Corp (NYSE: MCC)

KBW analyst Ryan Lynch reiterated a Hold rating on Medley Capital Corp (NYSE: MCC) today and set a price target of $7. The company’s shares closed last Friday at $6.15, close to its 52-week low of $5.95.

According to TipRanks.com, Lynch is a 3-star analyst with an average return of 4.9% and a 56.9% success rate. Lynch covers the Financial sector, focusing on stocks such as Fidus Investment Corporation, BlackRock Capital Investment, and Pennantpark Investment Corp.

Medley Capital Corp has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

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