Impact of Brokerage Rating on Associated Banc-Corp(ASB)

Many Associated Banc-Corp(ASB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Associated Banc Corp was Initiated by JMP Securities to Mkt Perform on Feb 2, 2017. Associated Banc Corp was Initiated by Piper Jaffray to Neutral on Jan 12, 2017. Associated Banc Corp was Initiated by SunTrust on Dec 21, 2016 to Hold, Price Target of the shares are set at $26.Associated Banc Corp was Upgraded by BofA/Merrill to Neutral on Dec 15, 2016. Associated Banc Corp was Downgraded by Jefferies to Hold on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Feb 9, 2017, James Yee (Executive Vice President) sold 8,599 shares at 25.15 per share price.On Feb 3, 2017, David L Stein (Executive Vice President) sold 8,000 shares at 25.04 per share price.On Feb 2, 2017, Timothy J Lau (Executive Vice President) sold 9,926 shares at 25.55 per share price.

Associated Banc Corp Last issued its quarterly earnings results on Jan 19, 2017. The company reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.32.Analysts expectations of $ 263.00.During the same quarter in the previous year, the company posted $0.27 EPS.

Associated Banc-Corp (NYSE:ASB) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3.17 by 12 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

Associated Banc-Corp (NYSE:ASB): 10 analysts have set the short term price target of Associated Banc-Corp (NYSE:ASB) at $23.4. The standard deviation of short term price target has been estimated at $3.41, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 28 and $16 respectively.

Associated Banc-Corp (NYSE:ASB) rose 2.72% or 0.7 points on Tuesday and made its way into the gainers of the day. After trading began at $25.75 the stock was seen hitting $26.5 as a peak level and $25.6 as the lowest level. The stock ended up at $26.4. The daily volume was measured at 744,414 shares. The 52-week high of the share price is $26.5 and the 52-week low is $15.72. The company has a market cap of $4,008 million.

Associated Banc-Corp is a diversified multibank holding company. The company has banking offices serving communities in Wi., Il. and Min. The company offers a full range of traditional banking services such as: Business banking, Trust, asset management, and investment services, Retail banking, Private banking, Credit and debit cards, Personal loans, Full-service, discount and online investment brokerage, Personal trust, Employee benefit plan investment management, Insurance, Leasing, Correspondent banking, Cash management services, International banking.


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