DA Davidson recorded Associated Banc Corp (NYSE:ASB), hiking its stock price target to $18.00 today
- Updated: October 3, 2016
In a report released on Monday October 03, 2016 DA Davidson raised the target price of Associated Banc Corp (NYSE:ASB) to $18.00 stating a potential downside of -0.08%.
On 9/13/2016, Zacks Investment Research released a statement for Associated Banc Corp (NYSE:ASB) bumped up the target price from $0.00 to $22.00 that suggested an upside of 0.13%.
Boasting a price of $19.47, Associated Banc Corp (NYSE:ASB) traded -0.61% lower on the day. With the last stock price close up 6.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Associated Banc Corp has recorded a 50-day average of $19.57 and a two hundred day average of $18.34. Volume of trade was down over the average, with 687,436 shares of ASB changing hands under the typical 736,988
Recent Performance Chart
Associated Banc Corp has PE ratio of 16.78 with a one year low of $15.45 and a one year high of $20.90 and has a market capitalization of $0.
A total of 11 brokerages have issued a ratings update on Associated Banc Corp. One brokerage rating the company a strong buy, one brokerage rating the company a buy, eleven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $18.64.
General Company Details For 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.
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