Short Term Rating on Associated Banc-Corp (ASB)

Associated Banc-Corp (ASB) : 2 brokerage houses believe that Associated Banc-Corp (ASB) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Associated Banc-Corp (ASB). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Hold with a rating of 2.9.

Associated Banc-Corp (ASB) : The consensus price target for Associated Banc-Corp (ASB) is $18.89 for the short term with a standard deviation of $1.62. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $21, however, the pessimist price target for the company is $16.

Company shares have received an average consensus rating of Hold for the current week


Associated Banc-Corp (NYSE:ASB): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.39 and $17.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.52, notching a gain of 1.86% for the day. The total traded volume was 1,127,459 . The stock had closed at $17.20 on the previous day.

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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