Associated Banc-Corp – Consensus indicates downside potential of -3.3%

Banc-Corp Partner found using the ticker (ASB) now have 9 analysts covering the stock. Analysts’ consensus indicates a “Hold” rating. The range between the high target price and the low target price is between 24 and 19 with an average TP of 20.94. Now, with the previous closing price of 21.66, this indicates that there is potential for a downside of -3.3%. The 50 day moving average is 21.01 and the 200 moving average is now 17.05. The company has a market capitalization of $ 3,398 million. For more information see: http://www.associatedbank.com

Associated Banc-Corp, a banking holding company, provides a variety of banking and non-banking 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 accounts, money market deposit accounts, IRA accounts and certificates of deposit; deposit and cash management solutions, such as interest-bearing commercial check and deposit products, cash and overnight deposit services, liquidity solutions, credit 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 loans and loan syndications . This segment also provides specialized financial services including interest rate risk management, currency solutions and commodity hedging; administration of pension plans, profit-sharing and other employee benefits, corporate agency and fiduciary services and institutional asset management; fixed and variable annuities, full services, discounts and online investment brokerage; investment advisory services; and trust and investment management accounts. The Company’s Community, Consumer and Business segment offers check, credit, debit and prepaid services, online banking and bill payment services, 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 bank branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.

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