A statement released earlier today by Zacks Investment Research about Associated Banc Corp (NYSE:ASB) raises the target price to $25.00
- Updated: November 30, 2016
Associated Banc Corp (NYSE:ASB) had its stock price target increased to $25.00 by Zacks Investment Research in an issued report announced 11/30/2016. The bumped up target suggests a potential upside of 0.12% based on the company's last stock close price.
Yesterday Associated Banc Corp (NYSE:ASB) traded 2.01% higher at $22.40. The company’s 50-day moving average is $20.84 and its 200-day moving average is $19.18. The last stock close price is up 19.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 746,400 shares of Associated Banc Corp exchanged hands, down from an avg. volume of 851,911
With a total market value of $0, Associated Banc Corp has price-earnings ratio of 19.20 with a one year low of $15.45 and a one year high of $23.60 .
A total of 11 equity analysts have released a ratings update on ASB. One equity analyst rating the company a strong buy, one equity analyst rating the company a buy, eleven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $18.64.
Brief Synopsis About Associated Banc Corp (NYSE:ASB)
Associated Banc-Corp is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (the Bank) and various nonbanking subsidiaries, provides a range of banking and nonbanking products and services to individuals. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services. The Company has over 200 banking offices serving over 100 communities, which are located in Wisconsin, Illinois and Minnesota. Corporate and Commercial Specialty segment serves a range of customers, including businesses, developers, not-for-profits, municipalities and financial institutions. Community, Consumer, and Business segment serves individuals, as well as small and mid-size businesses. Risk Management and Shared Services segment includes Corporate Risk Management, Credit Administration, Finance, Treasury, Operations and Technology, which are shared functions.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.