Associated Banc-Corp (ASB) Receives Analyst Rating

Associated Banc-Corp (ASB) : Zacks Investment Research ranks Associated Banc-Corp (ASB) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.9, which indicates as a Hold.

Associated Banc-Corp (ASB) : 9 investment research analysts covering Associated Banc-Corp (ASB) have an average price target of $18.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $16 for the short term. Analysts expect the variance to be within $1.66 of the average price.


Also, Equity Analysts at the Barclays maintains the rating on Associated Banc-Corp (NYSE:ASB). The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency raises the price target from $19 per share to $20 per share. The rating by the firm was issued on August 16, 2016.

Associated Banc-Corp (NYSE:ASB): After opening at $19.34, the stock dipped to an intraday low of $19.27 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.57 and the buying power remained strong till the end. The stock closed at $19.47 for the day, a gain of 0.72% for the day session. The total traded volume was 642,180. The stocks close on the previous trading day was $19.33.

Associated Banc-Corp (Associated) is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (Associated Bank) and various nonbanking subsidiaries, provides a range of banking and non-banking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves a range of customers, including businesses, developers, non-profits, municipalities, and financial institutions. The Community, Consumer, and Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes Corporate Risk Management, Credit Administration, Finance, Treasury, Operations, and Technology.

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