Associated Banc-Corp found using ticker (ASB) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 26 and 23 with the average target price sitting at 25.44. Now with the previous closing price of 24.56 this now indicates there is a potential upside of 3.6%. The 50 day MA is 23.4 and the 200 day MA is 22.02. The company has a market capitalisation of $3,722m. Company Website: https://www.associatedbank.com
The potential market cap would be $3,855m based on the market concensus.
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers savings, money market deposit accounts, IRA accounts, and certificates of deposit; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging; administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; fixed and variable annuities, full-service, and discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company’s Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit. As of December 31, 2020, the company operated 228 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
