Zacks Rating on Associated Banc-Corp (ASB)

Associated Banc-Corp (ASB) : 10 analysts are covering Associated Banc-Corp (ASB) and their average rating on the stock is 2.9, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Associated Banc-Corp (ASB) stock is expected to deviate a maximum of $1.66 from the average target price of $18.83 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $21 and the most muted being $16.


Shares of Associated Banc-Corp rose by 1.23% in the last five trading days and 6.09% for the last 4 weeks. Associated Banc-Corp is up 6.55% in the last 3-month period. Year-to-Date the stock performance stands at 6.27%. Associated Banc-Corp (NYSE:ASB): stock turned positive on Tuesday. Though the stock opened at $19.71, the bulls momentum made the stock top out at $19.82 level for the day. The stock recorded a low of $19.68 and closed the trading day at $19.68, in the green by 0.15%. The total traded volume for the day was 405,000. The stock had closed at $19.65 in the previous days trading.

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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